Echo Park Development
For Sale
$1,200,000
1506 Glendale Boulevard, Los Angeles, CA 90026
Development site in Echo Park with mixed-use zoning.
Property SizeContact for details
Days on Market439
Property Features for 1506 Glendale Boulevard
General Information
Standard status
Active
Listing Agency:
KATHERINE BERGH
Listed By:
KATHERINE BERGH
Source:
Corcoran
Added: Jun 19, 2025
Changed: Mar 16
Last Checked: Aug 25 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KATHERINE BERGH
Investment Insights
Based on property information with market context.
Located on a 5300 square foot lot on North Glendale Boulevard in Echo Park, this property presents a development opportunity. The site, situated near the intersection of Scott Avenue and Alvarado and backing onto Liberty Street, is currently improved with an 1153 square foot duplex featuring one-bedroom, one-bathroom units. Offered as land value, the existing structure requires renovation. Zoned C2-IVL for mixed-use, the property allows for a base density of 13 units. The Transit-Oriented Community Incentive (TOC-Tier 2) potentially allows for up to 22 units, with further density possible under the State Density Bonus program for affordable projects. The property is located in an Enterprise Zone, potentially offering special exemptions and favorable tax treatment. Echo Park's dining scene, recreational and cultural amenities, and proximity to major employment centers contribute to its desirability. The area's high occupancy rate and low homeownership rate indicate a strong demand for rental properties, which has boosted asking rents.
Key Highlights
- Development site with C2‑IVL mixed‑use zoning on a major thoroughfare in Echo Park.
- Potential for up to 22 units with Transit‑Oriented Community (TOC‑Tier 2) incentive.
- Base density allows for 13 units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,933
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development site in Echo Park with mixed-use zoning.
Where is this commercial land located?
The property is located at 1506 Glendale Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Development site with C2‑IVL mixed‑use zoning on a major thoroughfare in Echo Park.; Potential for up to 22 units with Transit‑Oriented Community (TOC‑Tier 2) incentive.; Base density allows for 13 units.
