Don’t Miss Out: Connect Apartments 2023 – Nov 29th | Multifamily CRE Conference | Miami, FL

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Los Angeles  + Apartments  | 
Manhattan West Unveils Multifamily Development Plan in Echo Park Neighborhood of Los Angeles

Manhattan West Unveils MultiFam Development Plan for Echo Park

Manhattan West Real Estate has announced multifamily development plans after purchasing two parcels of land on N. Alvarado Street in the Echo Park neighborhood of Los Angeles for $8 million. The firm and its JV partner, Local Development, are pursuing entitlements with the City of LA via its Transit Oriented Communities Affordable Housing Incentive Program.

Both properties, totaling 102 units, will include five stories of residents, offering one-, two- and three-bedroom floorplans and a rooftop deck, among other amenities. They will also include energy efficient features such as EV charging and solar. Construction is expected to begin in late 2023.

“Echo Park has been thriving over recent years due to its convenient location to a number of employment centers, expanding retail and diverse community of artists and musicians,” said Adam Norvell, managing director of real estate at Manhattan West. “We are looking forward to bringing much needed, high-quality rental projects with 10 affordable units to Echo Park.”

Pictured: 801 Alvarado Rendering


Inside The Story

Manhattan West Real EstateTransit Oriented Communities Affordable Housing Incentive ProgramAdam Norvell

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • Spring Village Apartments

    Spring Hill, FLFlorida & Gulf Coast + Apartments
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:12
    Cap Rate:1
    Average Occupancy:100
    Year Built:2021
    Building Size:9676 Sq ft
    Lot Size:0.54 Acres
    No. of Stories:2
    Opportunity Zone:No
    Price per unit:$200,000
    Learn More
  • Green Seed Apartments

    Portland, ORSeattle & Northwest + Low-Rise
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:31
    Cap Rate:4.91
    Average Occupancy:100
    Year Built:2020
    Building Size:19551 Sq ft
    Lot Size:18200 Acres
    No. of Stories:3
    Opportunity Zone:No
    Buy Side Fee:$1
    Price per unit:$241,935
    Learn More
  • Brim Apartments

    Portland, ORSeattle & Northwest + Mid-Rise
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:27
    Cap Rate:6.12
    Average Occupancy:99
    Year Built:2017
    Building Size:14683 Sq ft
    Lot Size:4831 Acres
    No. of Stories:5
    Opportunity Zone:No
    Buy Side Fee:$1
    Price per unit:$203,703
    Learn More
  • ◦Development
New call-to-action
New call-to-action
New call-to-action