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Medical Office Space with Central Air
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420 E 3rd Street, Los Angeles, CA 90013

Commercial Lease, Los Angeles, CA

Space Size800 SF - 8,688 SF
Days on Market408

Property Features for 420 E 3rd Street

General Information

Property type Commercial Lease
Property subtype Office
Directions 3rd st
Subdivision C42 - Downtown L.A.
Standard status Active
APN 5147006011

Utilities

Cooling system Central Air

Amenities

On-site banking
Full-service cafe/coffee station
Pharmacy/sundry shop

Building Details

Year built 1988
Listing Agency: Century 21 Allstars · Century 21 Real Estate
Listed By: Paola Melendez · License #01779654
Added: Jul 18, 2025 Changed: Aug 28 Last Checked: Aug 29 at 3:06PM
MLS# DW25161082

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Medical office space is available on the sixth floor in Units 602 and 603, with approximately 8,688 RSF offered together or separately. Unit 602 contains approximately 800–1,000 RSF, while Unit 603 contains approximately 7,000–8,000 RSF. Central air supports the workspace, and the building was constructed in 1988.

The property is located in Little Tokyo within Downtown Los Angeles. On-site amenities include banking, a full-service café and coffee station, and a pharmacy and sundry shop. The setting also provides access to a busy Downtown LA corridor with pedestrian activity.

Key Highlights

  • Approximately 8,688 RSF across Units 602 and 603
  • Unit 602: Approx. 800‑1,000 RSF
  • Unit 603: Approx. 7,000- 8,000 RSF

Property Analytics

Current Use

Bishop Pacific Partners Construction Company Lifetime Dental of Downtown ... Dental Office Dr. Albert I. ... Physician Ikeda Keiko PhD Physician Concentra Urgent Care Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Tanning Salon Veterinary Clinic Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12,543
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90013, CA

15,589
Population
10,143
Households
1.5
Avg Household Size
43
Median Age
39%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
22,270
Density / Sq Mi
$32,848
Median Household Income
$54,250
Median Earnings
$1,161
Median Rent
$786,600
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$44.89 /SF/Yr
Avg Asking Price
$2.85–$105 /SF/Yr
Price Range
7,970 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Little Tokyo Pet Clinic 236 S Los Angeles St suite h, Los Angeles, CA 90012

Frequently Asked Questions

What type of property is this?
Medical Office Space - Sixth-floor medical office suites with flexible leasing options and on-site banking, café, and pharmacy services.
Where is this medical office space located?
The property is located at 420 E 3rd Street Los Angeles, CA.
What are key features of this property?
This property features: Approximately 8,688 RSF across Units 602 and 603; Unit 602: Approx. 800‑1,000 RSF; Unit 603: Approx. 7,000- 8,000 RSF
More about this property
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