312 N Coronado St

The Tuvia Group closed 312 N Coronado Street, a 5,839 SF vacant development site in South Echo Park, for $850,000, or approximately $146 per square foot. The LAR3-zoned site offered significant development flexibility, with potential for seven units by-right, a small-lot subdivision, or a substantially higher-density affordable housing project utilizing ED1. With a flat, vacant parcel and no existing residential units to replace, the property provided the buyer with a clean path toward future development in a highly desirable infill Los Angeles location.