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Sunday, September 25, 2016

Who would want to live at Sunset & Alvarado?

At least eight people do, according to an official with the newly completed Echo 1030 Live/Work Lofts in Echo Park.  In a relatively short period of time, eight out of the 20 loft-style apartments on Alvarado Street near Sunset Boulevard have been leased steps away from one Echo Park’s busiest intersections. The four stories of apartments above one floor of shops and parking is part of a batch of new residential development along  the area’s primarily commercial corridors. A partner in the development told The Eastsider last year that rents in the building’s smaller units would range from $1,200 to $1,400. A leasing person said today that the rents have changed since then but declined to provide updated figures.

Sunset and Alvarado – where the corners are anchored by a car wash, gas station, Pizza Buona and Burrito King –  has been dubbed an intersection of “24-hour despair.” Still, that has not scared off all developers or tenants. In fact, the owners of two empty lots near the Echo 1030 are promoting it as the site for the next possible residential complex near Sunset & Alvarado.

* Update: Readers have found rental ads for the project on Craigslist, including one ad asking $3,895 a month for an 1,835-square-foot, two-story unit.



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18 comments

  1. i’m laughing at those asking prices! the project will be bought up out of bankruptcy by some private equity group in a few years, once the neighborhood actually reflects those prices. then they’ll make a killing. but for now, it’s too much, too soon.

  2. Well, I guess a sucker is born every minute. I swear you’d have to pay ME to live there. One of the worst intersections around! Circle of hell!

  3. The rental prices range from $1,495 to $1,795/month, according to a quick craigslist search. Hilarious!

    http://losangeles.craigslist.org/search/?areaID=7&subAreaID=&query=Echo+1030&catAbb=hhh

  4. Gosh …. I always kind of liked that intersection! It’s not lovely, but it’s got a certain energy. And just a few feet up Alvarado there is that jazz-themed coffeeshop that’s quite nice, with loads of other good restaurants and shops within easy walking distance, not to mention Echo Park itself, just downwind.

    Last, I have to say, those apartments look really nice. I lived downtown in a loft for years, not in the gentrified part, either – I lived between the river and Alameda, near 6th, and I paid plenty of rent because I loved the high ceilings, the light, the openess of the space. The homeless guys I talked to every morning were just part of the deal.

    Don’t be snobbish – someone has to be the pioneer, and eventually that area will be totally gentrified, and then everyone will complain that it has lost its character. You can’t win.

  5. it’s worth it just to live across the street from pizza buona!

  6. The Eastsider has been dubbed “incredibly negative” and “full of un-sourced attack quotes”

  7. I live right up from that corner, on Bonnie Brae, and I’ve got no complaints.. right by the Echo, El Prado, Pizza Buona, Downbeat, the new store Rewind seems neat, new guitar store by downbeat, quick walk to taco zone at night, or flame truck if you’re feeling lazy, right by the lake…

    the lofts do look really out of place though

  8. There’s just NO way. Have you heard the noise that comes from the car wash? The blowers are so freakin’ loud – those units would have to be completely soundproofed to be livable. Add the traffic noise, and it’s a horrible location for a residential complex.

    There’s nothing snobbish about this. I would have preferred a new business building – but maybe if you get some noise inured New Yorkers, you could rent these out.

  9. @ Sources say. Sorry, I should have linked the quote about “24-hour despair” to its source, Curbed LA. It’s done now.

  10. Well said Saraf. This is a great area with so much to do.

  11. “24 Hour Despair” it may be, but Pizza Buona is some tasty vitals.

  12. It looks odd, but Pizza Buona actually has some tasty victuals.

  13. The corner is what it is. The price on that 2 bedroom rental is totally insane. Literally mad.

  14. Saraf nailed it. Loft prices are expensive downtown also. I used to live in that area also, off Mateo. The rent was tremendous, but so was the square footage and build-out potential. There were industrial businesses all around, semi-trucks rolling through at 3am, and crack heads in the alley. I’m not saying that life style is for everyone; but it definitely has a market. Spring St., anyone?

    I live a few blocks from this intersection and am happy to call the area my home. When I read posts on this blog – and the comments of readers – I feel like residents of the Eastside hills have it so good they forget they live in the center of a blighted metropolis with unrivaled social problems, dilapidation, and unjustifiably high rent. I think putting some high-end residential spaces in will help pump money into this area. With this place and the new restaurant the corner is definitely headed in the right direction.

    P.S. @The Eastsider: It is in poor taste to quote from Curbed’s shitty blurb written in 2007 about AA – linked or not. You write a blog about Echo Park. Show it some respect.

  15. I REMEMBER A STUDY YEARS AGO NAMED THE ECHO PARK/SILVERLAKE COMMUNITY PLAN. THIS CORNER TO MY RECOLLECTION WAS TO BE A SENIOR CITIZEN CENTER. WELL SO MUCH SO THE OLD PEOPLE. THEY GOT LOST IN TRANSITION AGAIN. LET’S SEE LOS BURRITOS WHERE ALL THE METH PEOPLE HANG OUT, ALONG WITH THE PROSITUTUTES. WHERE LOUIE SELLS HIS DRUGS, THE CORNER WHERE IF YOUR NOT CAREFUL YOU WILL GET HIT. THE CORNER WHERE TRAFFIC BOTTLENECKS DURING 4-6:30PM TRAFFIC. I STILL HAVE THE CARD BOARDS OF PICTURES I TOOK AGAINST ANOTHER DEVELOPMENT OF A NO TELL MOTEL, THAT EX-GEPENC BOARD MEMBER GARSTEN SAID AND I QUOTE SOMETHING IS BETTER THAN NOTHING. ummmm. I STILL WANT TO KNOW WHAT HAPPENED TO THE SENIOR CENTER?????

  16. I live in the Echo 1030 lofts and it is by FAR- the best place I have ever lived. The lofts are brand new, therefore have insulation to block out the noisy intersection sounds. Not only that, our unit has it’s own private garden in the backyard – it’s surreal how peaceful our home is. These lofts are wonderful for freelance artists because they are live/work spaces, meaning you could write off a very large portion of your rent. These lofts are the best thing that could of happened to Echo Park. They are bringing in revenue for the city, a beautiful sight for sore eyes, an opportunity to be a part of a movement (yes, a movement how many lead-certified building exist in Echo Park? None.) and I am absolutely enthralled I was lucky enough to snag one before they all filled up.

    ps. There are no meth heads, no drug dealers, no prostitutes and not any more car accidents on this intersection than any other in Los Angeles. Most of these comments are extremely ignorant – I wonder where you’re getting such extensive knowledge of the neighborhood, “echo park lady” because none of your statements have been valid, not since 1995.

  17. And @Alicia Cargile – serious? I was born and raised in L.A. – who the F is paying you for this? You can be at Burrito King any given night and find crackheads every single night. So dont act like its not there – and no, this corner as mentioned has a much HIGHER rate of homeless and crackheads than any other corner

    I love burrito king – but to act like this isnt bum central? Your just lying to yourself

    Dont take my word for it though – read the Burrito King reviews – great place to eat minus the hopeless crackheads

    http://www.yelp.com/biz/burrito-king-sunset-los-angeles

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