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Historic Retail Space on 7th
For Lease
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404 W 7th Street, Los Angeles, CA 90017

Prominent corner retail space in historic Downtown Los Angeles building.

Space SizeContact for details
Days on Market280

Property Features for 404 W 7th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Derrick Moore · License #1029938
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 18 Last Checked: Aug 29 at 6:19AM

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.

The historic Foreman & Clark Building offers retail space at the corner of 7th and Hill, situated on one of Downtown's main retail corridors. The building, originally built in 1928 and renovated in 2020, is undergoing restoration of its original façade. Upon completion, the building will include approximately 124 residential units above the ground floor retail space. The ground floor provides approximately 7,986 square feet of divisible retail space, featuring approximately 72 feet of frontage on 7th Street and 132 feet on Hill Street. Located on 7th Street, historically known as one of Downtown's premier retail streets, the property is adjacent to the upcoming PK Market and one block from the Nomad Hotel.

Key Highlights

  • Prominent corner retail space on 7th/Hill, a main retail corridor in Downtown LA.
  • Located adjacent to the upcoming PK Market and near the Nomad Hotel.
  • Historic Foreman & Clark Building with a restored original façade.

Property Analytics

Current Use

Ace Corporation Big Box & Wholesale Store Foreman & Clark Apartment Building ORION Garage Door ... Building Supply Glen Pacific Digisoft ... (Bike/Boat/Book/etc) Store Maximus Development Marketing & Advertising

Suggested Use

Top Pick Adult Day Care Buffet (Bike/Boat/Book/etc) Store Tanning Salon 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

25,552
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$35.07 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,780 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 - Prominent corner retail space in historic Downtown Los Angeles building.
Where is this retail space located?
The property is located at 404 W 7th Street Los Angeles, CA.
What are key features of this property?
This property features: Prominent corner retail space on 7th/Hill, a main retail corridor in Downtown LA.; Located adjacent to the upcoming PK Market and near the Nomad Hotel.; Historic Foreman & Clark Building with a restored original façade.
More about this property
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