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Retail/Restaurant Space in Downtown LA
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427 W 5th St, Los Angeles, CA 90013

Ground floor retail/restaurant space near Pershing Square.

Space Size2,193 SF - 5,464 SF
Days on Market292

Property Features for 427 W 5th St

General Information

Standard status Active
Size 2,193 SF - 5,464 SF
Property subtype Retail

Spaces For Lease

at 427 W 5th St Contact us

Available Space

Size
2,193 SF
Type
Retail
Availability
Available
Contact us

Available Space

Size
4,777 SF
Type
Retail
Availability
Available
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Available Space

Size
5,464 SF
Type
Retail
Availability
Available
Contact us
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Derrick Moore · License #1029938
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 3 Last Checked: Sep 9 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Downtown Los Angeles

Investment Insights

Based on property information with market context.

This property offers over 12,000 square feet of ground floor retail and restaurant space. It is situated between the Financial District and the Historic Core neighborhoods, directly across from Pershing Square. The location is part of a complex that includes 660 luxury rental units in a 24-story high-rise and a 7-story midrise building. La Boulangerie is also located within the complex.

Key Highlights

  • Luxury rental units
  • Located in a 24‑story high‑rise and a 7‑story midrise complex
  • Over 12,000 SF of ground floor retail/restaurant space

Property Analytics

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Current Use

BRADIENT Marketing & Advertising Maggie's Place Hotel & Motel Provestics Financial Advisor Park Fifth Real Estate Agency

Suggested Use

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

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

18,180
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Los Angeles, CA

$34.29 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,459 SF
Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail/restaurant space near Pershing Square.
Where is this retail space located?
The property is located at 427 W 5th St Los Angeles, CA.
What are key features of this property?
This property features: Luxury rental units; Located in a 24‑story high‑rise and a 7‑story midrise complex; Over 12,000 SF of ground floor retail/restaurant space
More about this property
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