ECHO PARK — A four-story apartment building has been proposed to fill a now empty lot across from Echo Park Lake, according to city records. It’s the same site where a building collapsed nearly 17 years ago, killing one person and injuring 36 people.
Echo Park Capital Venture has filed an application with the Planning Department seeking to build an approximately 12,400-square-foot building with 11 residences with 16 parking spaces for motor vehicles on the narrow lot at the corner of Echo Park Avenue and Park Avenue.
The property was part of the large real estate portfolio that was sold in 2015 by the International Church of the Foursquare Gospel, which is headquartered in Echo Park. Fred and Ryan Afari, the father-and-son real estate estate team behind Hillcrest Co. paid about $18 million for the properties, which included vacant lots, homes, apartments and commercial buildings in Echo Park, according to the L.A. Business Journal. The Afari’s firm owns the corner lot and is involved in the development of the new apartment building.
The narrow lot was once the site of a two-story, 1920s apartment building that collapsed in December 2000, leaving more than 50 tenants homeless.
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Jesús Sanchez, Publisher
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