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Temperature-Controlled Retail Space Available
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5470 Pico Boulevard, Los Angeles, CA 90019

Sublease opportunity in Mid-City Los Angeles with gated yard.

Space Size8,340 SF
Days on Market265

Property Features for 5470 Pico Boulevard

General Information

Standard status Active
Size 8,340 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 8,340 SF
Year Built 1960

Spaces For Lease

at 5470 Pico Boulevard Contact us

5470 (Sublease) $2.40/SF/Mo

Size
8,340 SF
Term
Negotiable
Contact us
Listing Agency: NAI Capital
Listed By: Marie Taylor · License #CalDRE #01233430
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 12 at 3:37AM

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 NAI Capital

Investment Insights

Based on property information with market context.

This sublease opportunity, available through April 3, 2028, features a temperature-controlled space. The property includes two loading doors, measuring 8.5’ x 8.5’ and 4.5’ x 8.5’, a gated yard, and 13 dedicated parking spaces. An extra 30-foot storage container and an existing alarm system are also included. The clear height is approximately 10’10”. The property is located on Pico Boulevard in the Mid-City district of Los Angeles, a high-traffic thoroughfare known for its mix of neighborhood-serving retail and service providers. The location provides direct access to a dense and diverse residential population and surrounding commercial districts, including Beverly Hills, West Hollywood, and Culver City. The area supports a strong daytime and evening customer base, driven by nearby multifamily housing, schools, medical offices, and local businesses. This central location offers high visibility and easy accessibility to major freeways, benefiting from a stable community with steady demand for everyday goods and services. It is a functional option for a variety of service retail or light industrial uses.

Key Highlights

  • Prime Mid‑City Los Angeles location on high‑traffic Pico Boulevard
  • Sublease through April 3, 2028, offering a long‑term opportunity
  • Temperature‑controlled space suitable for various service retail or light industrial uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Travel Agency (Bike/Boat/Book/etc) Store Tanning Salon Bar & Pub

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

3,024
Businesses Nearby
144k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 38% Shops & Services 19%
Trader Joe's Groceries
30,578 visits/mo 0.2 miles
McDonald's Dining
26,752 visits/mo 0.0 miles
Whole Foods Market Groceries
24,345 visits/mo 0.4 miles
Starbucks Dining
21,898 visits/mo 0.1 miles
Dollar Tree Shops & Services
17,639 visits/mo 0.1 miles

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$32.1 /SF/Yr
Avg Asking Price
$5.45–$67.98 /SF/Yr
Price Range
7,617 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 - Sublease opportunity in Mid-City Los Angeles with gated yard.
Where is this retail space located?
The property is located at 5470 Pico Boulevard Los Angeles, CA.
What are key features of this property?
This property features: Prime Mid‑City Los Angeles location on high‑traffic Pico Boulevard; Sublease through April 3, 2028, offering a long‑term opportunity; Temperature‑controlled space suitable for various service retail or light industrial uses
More about this property
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