1021 Alpine Street, Los Angeles, CA, 90012
+/- .35 Acres | +/-15,141 Square Feet
• Approved Tentative Map for 28 Unit Condo Building
• 26 Residential and 2 Commercial Condo Units
Please Contact Agents For Full Marketing Package
- Property Overview: As entitlements in the city of Los Angeles become even more difficult to obtain, this approved development represents a rare opportunity to acquire a mixed-use condo project (26 resi + 2 commercial). Located right where Echo Park, Chinatown and Downtown LA converge. A large mixed-use project is planned for the +/-5.5 acre church site located one half block from the subject property, plus institutional capital is pouring money into the immediate area with new projects recently completed or under construction by Trammell Crow, Forest City, Equity Residential and more. Walkable retail includes Winsome, a café lauded by the LA Times, as well as Guisados, Club Bahia (a venue recently acquired by Live Nation) and various contemporary boutiques which have an appeal that attracts west LA residents. Given the high demand for new housing, and the lack of entitled “for-sale” product, this could be a key position to have in the housing starved Central Los Angeles market.