Alvarado and Bellevue St
Listing Price: $10,300,000.00
Marcus & Millichap is pleased to present for sale and 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.