425 S Los Angeles St 5,830 SF 100% Leased Retail Building Los Angeles, CA 90013 $4,250,000 ($728.99/SF) 3.18% Cap Rate

The Neema Group of Marcus & Millichap is pleased to present 425 S Los Angeles St, a fully leased 6-unit retail property located in the Historic Core of Downtown Los Angeles. This is a rare opportunity to acquire a diversified, income-producing retail asset in one of DTLA's most transit-connected corridors.
Subway — one of the largest quick-service restaurant franchises in the world with over 20,000 locations — has anchored the property since 2014 and is leased through 2029, operating 24 hours a day. The national credit tenant provides consistent, high-frequency foot traffic seven days a week and anchors a six-tenant roster of local retailers catering to the immediate neighborhood. No single tenant represents outsized concentration risk.
All six retail suites are currently occupied across 5,830 SF, generating $18,207/month ($218,484/year) in gross income at an average of $3.12/SF. A new owner steps into a fully leased, cash-flowing asset with zero lease-up risk from day one.
Located on S Los Angeles St in the Historic Core — one of the most pedestrian-dense corridors in the city, with 566 retail businesses per square mile — the property benefits from a Walk Score of 95 and a Transit Score of 100, with the Metro Red and Purple Lines less than half a mile away. With the 2026 FIFA World Cup, Super Bowl LXI, and 2028 Olympic Games bringing global attention to Los Angeles, demand for well-located retail in DTLA is positioned to strengthen significantly in the years ahead.