The recent closing of La Popular, the Echo Park furniture store that opened during the 1940s as Stone Bros., has left behind a big empty space on the south side of Sunset Boulevard near Alvarado Street. But now the nearly 5,600-square-feet of ground floor space – in addition to a mezzanine – has come up for rent. The listing promotes it as an “idea retail – showroom opportunity,” but listing agent Sevada Hemelians said it could possibly be turned into another large restaurant, such as Mohawk Bend across the street. “This is a prime intersection in Echo Park” and many other nearby properties are being remade for different uses, Hemelians said.
Last year, half of the 12,000-square foot furniture store was leased out to a discount store called Hit Bargain as business diminished at La Popular, which was part of a small chain of family-owned stores founded on First Street in Boyle Heights.
Anyone who wants to stake their claim to this chunk of Echo Park on Sunset Boulevard better be prepared to pay the price. Based on the asking rental rate and ground floor space, the monthly rent would approach nearly $10,900.