601-611 N Alvarado St and 2103-2127 Bellevue St
Listing Price: $9,550,000.00
Property Summary
Marcus & Millichap is pleased to present for lease 601-611 N Alvarado St & 2103-2127 Bellevue, in the heart of Echo Park, Los Angeles. This approximately 26,755 SF, state-of-the-art creative complex is situated on a 33,895 SF lot and is the perfect setting for a multitude of flex uses: production and post-production, creative office, and live/work. Currently utilized as a production & sound stage facility, the property features high ceilings (up to 18 feet), sound insulation, concrete floors, exposed brick walls and bow-truss ceilings, along with a freestanding sound stage with 400 amp, 3-phase power. In addition, the facility is equipped with a production room, designated talent/green room, as well as a hair & makeup room. The configurations of leased space is vast. Ownership has invested over $800k in improvements in the property over the last 11 months. There is on-site parking with 49 striped spaces and the opportunity for stacking to increase parking capabilities.
The central location and quick freeway access make Echo Park a quintessential neighborhood for exploring, quickly shaping it as one of the most up-and-coming areas in the city. It continues to draw interest from predominately independently owned restaurants, bars, and boutiques, which make for eccentric and one-of-a-kind experiences. With adjacent access to the 101 Freeway, the subject property is less than 15 minutes to other major entertainment neighborhoods around Los Angeles such as: Hollywood, Downtown LA, Burbank, and Studio City.
Leasing Summary
Lease Rate:
$2.60/SF/Month (Live/Work)
$2.65-$2.75/SF/Month (Creative Office/Production)
$3.75/SF/Month (Creative Sound Stage)
Gross Square Feet: 26,755 SF
Lease Type: NNN
NNN's: ~$0.55/SF/Month
Available: Immediately
Term: Negotiable
Property Summary
Addresses: 601-611 N Alvarado St & 2103-2127 Bellevue St | Los Angeles, CA 90026
Building Breakdown:
A1: Creative Office/Production ~6,474 SF
A2: Creative Office + Live/Work ~2,329 SF
B1: Brick/Bowtruss Creative Office ~5,323 SF
B2: Creative/Production + Live/Work ~1,965 SF
B2.1: Warehouse/Creative Office/Production ~4,927 SF
B3: Soundstage + Support Stage ~4,971 SF
Stories: 1-3
Year Built | Renovated: 1927 | 2007
Zoning: CM-IVL
Parking: 49 Spaces