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Office Vacant-User

601-611 N Alvarado St & 2103/2127 Bellevue St

601 N Alvarado St, Los Angeles, CA 90026

Listing Price: $9,550,000

Cap Rate
9.11%
Gross SF
26,755
Rentable SF
25,991
Price/Gross SF
$356.94
Lot Size
0.84 acres
Year Built
1927

Investment Overview

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 (0.84 acres) 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 since acquiring. There is on-site parking with 49 striped spaces and the opportunity for stacking to increase parking capabilities.

Investment Highlights

  • Low Price per Square Foot
  • Echo Park Creative Campus
  • 8.87% Pro Forma Cap Rate
  • Excellent for Production, Creative Office, and Studio Sound Stage Use
  • Two (2) Live/Work Units

Exclusively Listed By

Financing By

Office Vacant-User

601-611 N Alvarado St & 2103/2127 Bellevue St

Listing Price: $9,550,000

Cap Rate
9.11%
Gross SF
26,755
Rentable SF
25,991
Price/Gross SF
$356.94
Lot Size
0.84 acres
Year Built
1927

Investment Highlights

  • Low Price per Square Foot
  • Echo Park Creative Campus
  • 8.87% Pro Forma Cap Rate
  • Excellent for Production, Creative Office, and Studio Sound Stage Use
  • Two (2) Live/Work Units

Investment Overview

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 (0.84 acres) 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 since acquiring. There is on-site parking with 49 striped spaces and the opportunity for stacking to increase parking capabilities.

Exclusively Listed By

Financing By

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