625 Alvarado St, Los Angeles, CA 90026
3,150 SF | Retail Building | Los Angeles, CA 90026 | $1,695,000 ($538/SF)
For Sale
Active
Asking Price $1,695,000
- Property Type
-
Retail
- Square Feet
- 3,150 SF
- Price / Square Foot
- $538
Listing Contacts
Brin Hamblin
Hannah Zager
Martin Agnew
Ryan Rothstein-Serling
- Property Info
Property Overview
**NEW PRICE REDUCTION **
Marcus & Millichap is pleased to present for sale or lease 625 N Alvarado St, in the heart of Echo Park, Los Angeles. This approximately 3,150 square foot retail building lends itself to many different uses - retail, flex, creative office, or medical office. The property is situated on a 0.16 AC lot and includes a secure gated parking lot. A brand-new roof was installed in 2023. The property has a great Walk score of 87 and is within close proximity to multiple transit options. The property is located in a Los Angeles Enterprise Zone allowing for a reduced parking requirement of 2.00/1,000 SF for all commercial uses.
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 neighborhoods around Los Angeles such as: Hollywood, Downtown LA, Burbank, and Studio City.
Property Summary:
Gross Square Feet: 3,150 SF + Bonus ~900 SF Mezzanine
Property Type: Retail
Stories: 1
Power: To Be Verified
Clear Height: 8’ - 14’
Loading Door: 10’ x 10’
Year Built: 1951
Zoning: CM-IVL
Parking: ~10 Spaces | 3.17/1,000 SF*layer625 N ALVARADO ST
*Located in a Los Angeles state enterprise zone, allowing for a reduced parking requirement.
Marcus & Millichap is pleased to present for sale or lease 625 N Alvarado St, in the heart of Echo Park, Los Angeles. This approximately 3,150 square foot retail building lends itself to many different uses - retail, flex, creative office, or medical office. The property is situated on a 0.16 AC lot and includes a secure gated parking lot. A brand-new roof was installed in 2023. The property has a great Walk score of 87 and is within close proximity to multiple transit options. The property is located in a Los Angeles Enterprise Zone allowing for a reduced parking requirement of 2.00/1,000 SF for all commercial uses.
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 neighborhoods around Los Angeles such as: Hollywood, Downtown LA, Burbank, and Studio City.
Property Summary:
Gross Square Feet: 3,150 SF + Bonus ~900 SF Mezzanine
Property Type: Retail
Stories: 1
Power: To Be Verified
Clear Height: 8’ - 14’
Loading Door: 10’ x 10’
Year Built: 1951
Zoning: CM-IVL
Parking: ~10 Spaces | 3.17/1,000 SF*layer625 N ALVARADO ST
*Located in a Los Angeles state enterprise zone, allowing for a reduced parking requirement.
Property Details
- Class
- C
- Year Built
- 1951
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Showroom, Loft/Creative Space, Medical
- Lot Size (sq. ft)
- 6,970 SF
Highlights
- 3,150 RSF Freestanding Commercial Building
- Ample Secured Parking
- Multiple Potential Uses: Flex, Retail, Medical Office, Creative Office
- For Sale or For Lease
- Located in a Los Angeles Enterprise Zone allowing for a reduced parking requirement of 2.00/1,000 SF for all commercial uses
- Close proximity to a variety of retail & dining amenities
All available spaces
- Space
- 1st Floor, Ste 1
- Size
- 3,150 SF
- Condition
- Full Build-Out
- Space Subtype
- Relet
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