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202 Belmont Ave

202 Belmont Ave, Los Angeles, CA 90026, USA

FOR SALE

$625,000

Property Details

Listing Agent

Property Type

Land

Units

-

Price Per Unit

-

Price Per SF

$105.40

Cap Rate

-

GRM

-

Eial Headshot 2_edited.jpg

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Property Description

The Tuvia Group of Marcus and Millichap is pleased to present a 5,930 SF vacant lot located at 202 Belmont Ave in Los Angeles, California. The subject property is located in a solid South Echo Park location, just north of Beverly Blvd and east of Alvarado St.


Positioned on a 5,930-square-foot vacant corner lot in South Echo Park, the property presents a flexible development opportunity with multiple strategies to maximize value. The site offers a base density of three units and may support up to seven units through CHIP’s Mixed Income Incentive Program, including one designated affordable unit. Located within a Tier 1 Transit Oriented Incentive Area, the property benefits from approximately 17,790 square feet of allowable base floor area, no minimum automobile parking requirement, and a potential height increase to approximately 56 feet. The location provides immediate access to the 101 and 110 freeways, Metro B Line, major commercial corridors, parks, dining, shopping, and Downtown Los Angeles.


Offered at a low basis in a solid South Echo Park location, the property has flexible development potential on a corner lot.

Property Location

202 Belmont Ave, Los Angeles, CA 90026, USA

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Contact

Address

Social

Call

818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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