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Restaurant + 4 Sfrs 1320 Echo Park Ave 2,322 SF of Retail Space Available in Los Angeles, CA 90026
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,322 SF | Negotiable | $83.64 CAD/SF/YR $6.97 CAD/SF/MO $194,210 CAD/YR $16,184 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Closed Circuit Television Monitoring (CCTV)
- Secure Storage
- Plug & Play
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
| Total Space Available | 2,322 SF | Gross Leasable Area | 4,565 SF |
| Property Type | Retail | Year Built | 1923 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.1/1,000 SF |
| Total Space Available | 2,322 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,565 SF |
| Year Built | 1923 |
| Parking Ratio | 1.1/1,000 SF |
ABOUT THE PROPERTY
Area Highlights: CityStreet Commercial is pleased to present a premier restaurant/wine bar opportunity at 1320 Echo Park Ave. in the heart of Echo Park. Situated just off the iconic Sunset Blvd corridor, this highly visible Eastside location benefits from strong demographics, consistent foot traffic, and a diverse mix of creative professionals, local residents, and tourists. The surrounding neighborhood is a well-established destination for dining, nightlife, and culture, anchored by popular nearby concepts such as Little Joy, Quarter Sheets, Short Stop, Stereoscope Coffee, Donna’s, Lowboy, Bar Flores, Gold Room, and other acclaimed restaurants, cafés, and bars. Deal Points: • Key Money: Inquire with Broker •. Lease Rate: Restaurant - $7,750 MG + Commissary Kitchen - $3,950 All-In •. Restaurant Size: Main Interior - Appx 1,672 SF | 70 seats (including 8 bar stools), Back Patio - Appx 380 SF | 14 seats, Back office /Storage - Appx 180 SF + Front Patio - Appx 425 SF | 28 Seats • Commissary Kitchen Size: Appx 650 SF • Type-47 Liquor License Available
NEARBY MAJOR RETAILERS
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Restaurant + 4 Sfrs | 1320 Echo Park Ave
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