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425 S Los Angeles St
Los Angeles, CA 90013
Retail Property For Sale

Investment Highlights

  • Fully leased 6-unit retail property located in the Historic Core of Downtown Los Angeles.
  • Subway provides consistent, high-frequency foot traffic seven days a week and anchors a six-tenant roster of local retailers.
  • 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.
  • Subway has anchored the property since 2014 and is leased through 2029, operating 24 hours a day.
  • Located on S Los Angeles St in the Historic Core, one of the most pedestrian-dense corridors in the city.
  • With the 2026 FIFA World Cup, Super Bowl LXI, and 2028 Olympic Games bringing global attention to Los Angeles, demand is strong.

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,830 SF
Building Class
C
Year Built
1991
Price
$4,250,000
Price Per SF
$728.99
Cap Rate
3.18%
NOI
$135,324
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.84
Lot Size
0.16 AC
Zoning
LAC4
Frontage
90’ on Los Angeles St

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
5148-008-012
Land Assessment
$770,726
Improvements Assessment
$645,441
Total Assessment
$1,416,167
  • Listing ID: 40447425

  • Date on Market: 5/7/2026

  • Last Updated:

  • Address: 425 S Los Angeles St, Los Angeles, CA 90013

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