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625 N Alvarado St
3,150 SF of Office/Medical Space Available in Los Angeles, CA 90026
Highlights
- Close proximity to a variety of retail & dining amenities
- Property includes a secure gated parking lot
- Great walk score of 87
- Current zoning allows for a variety of retail, flex, creative office, or medical office uses
- Brand new roof installed in 2023
- Quick & easy freeway access
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 3,150 SF | Negotiable | $36.00 /SF/YR $3.00 /SF/MO $113,400 /YR $9,450 /MO | Triple Net (NNN) |
1st Floor, Ste 1
Marcus & Millichap is pleased to present for 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.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 8 - 26 People
- 2 Private Offices
- Central Air Conditioning
- Kitchen
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 625 N Alvarado St , Los Angeles, CA 90026
| Property Type | Retail | Year Built | 1951 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.17/1,000 SF |
| Gross Leasable Area | 3,150 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,150 SF |
| Year Built | 1951 |
| Parking Ratio | 3.17/1,000 SF |
About the Property
Marcus & Millichap is pleased to present for 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, Eagle Rock, and Glendale.
- Fenced Lot
- Air Conditioning
Nearby Major Retailers
Contacts
-
Brin Hamblin -
Hannah Zager -
Martin Agnew -
Ryan Rothstein-Serling -
Agnew | Serling Group
Presented by
625 N Alvarado St
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