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Office

601-611 N Alvarado St

611 N Alvarado St, Los Angeles, CA 90026

Listing Price: $6,135,000

Cap Rate
10.67%
Rentable SF
21,020
Lot Size
0.54 acres
Year Built
1927

Investment Overview

Marcus & Millichap is pleased to present 601-611 N Alvarado St, an approximate 21,020 SF state-of-the-art creative complex in the heart of Echo Park, Los Angeles. Situated on a 23,503 SF lot, 601-611 N Alvarado St, is the perfect setting for a multitude of flex uses: production and post-production, creative office, and live/work. Currently utilized as a production facility, the property features high ceilings (up to 18 feet), sound insulation, concrete floors, exposed brick walls and bow-truss ceilings. 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 the capability to accommodate a minimum of 27 spaces.

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.

Investment Highlights

  • Creative Production
  • Creative Live/Work
  • Creative Office

Exclusively Listed By

Financing By

Office

601-611 N Alvarado St

Listing Price: $6,135,000

Cap Rate
10.67%
Rentable SF
21,020
Lot Size
0.54 acres
Year Built
1927

Investment Highlights

  • Creative Production
  • Creative Live/Work
  • Creative Office

Investment Overview

Marcus & Millichap is pleased to present 601-611 N Alvarado St, an approximate 21,020 SF state-of-the-art creative complex in the heart of Echo Park, Los Angeles. Situated on a 23,503 SF lot, 601-611 N Alvarado St, is the perfect setting for a multitude of flex uses: production and post-production, creative office, and live/work. Currently utilized as a production facility, the property features high ceilings (up to 18 feet), sound insulation, concrete floors, exposed brick walls and bow-truss ceilings. 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 the capability to accommodate a minimum of 27 spaces. 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.

Exclusively Listed By

Financing By

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