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242 S Broadway
Los Angeles, CA 90012 Historic Downtown LA

$3.50 USD/SF/MO - $42.00 USD/SF/YR

Apartments For Lease  •  1,900+ SF

Property Details

  • Property Type Apartments
  • Year Built 1914
  • Total Building Size 41,180 SF
  • Building Class B
  • Zoning LAC4
100 Transit Score
97 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
Bsmt Floor Ste Retail 10,430 SF $42.00 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
Grnd Floor Ste Retail 4,750-6,650 SF $3.50 USD/SF/MO
Prime Downtown LA Retail — Steps from Grand Central Market
Position your brand in the heart of Downtown Los Angeles at 240 S. Broadway, a high-visibility storefront surrounded by some of the city’s most iconic destinations. Located directly across from Grand Central Market and just steps from the Broadway/2nd Street Metro station, this space benefits from unparalleled pedestrian traffic from tourists, office workers, and a growing residential community.
±6,650 square feet of ground-floor retail with wide glass frontage. Includes a proposed 1,900 SF mezzanine floor.
Excellent corner visibility and signage opportunities along Broadway.
Surrounded by strong co-tenancy: food, beverage, lifestyle, and cultural anchors.
Steps from Grand Park, Walt Disney Concert Hall, The Broad, and Historic Core nightlife.
Perfect for coffee, fast-casual dining, boutique fitness, or experiential retail.
This is a rare chance to secure a flagship presence in one of LA’s most dynamic districts.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Retail
  • Space Type: Relet
Grnd Floor Ste Retail 1,900 SF $42.00 USD/SF/YR
Proposed mezzanine

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet

Description

Originally constructed in 1914 as the Hosfield Building and later home to the iconic Victor Clothing Company, 240 S. Broadway stands as a cultural and architectural gem in the heart of Downtown Los Angeles. This ±6,650 SF ground-floor space, with a proposed 1,900 SF mezzanine, is part of the National Register-listed Broadway Theater and Commercial District. The building was adaptively reused in 2001 to house 37 residential apartments, preserving its historic character while integrating modern functionality.
Known for its striking Latino murals—including Eloy Torrez’s celebrated “The Pope of Broadway”—the property remains a visual and cultural landmark. Its expansive glass frontage and prominent corner location across from Grand Central Market and near the Broadway/2nd Street Metro station offer unmatched visibility and foot traffic. Surrounded by a vibrant mix of food, lifestyle, and cultural destinations, 240 S. Broadway blends historic charm with urban energy, making it a unique opportunity for those seeking to be part of Los Angeles’ storied architectural legacy.

Highlights

Excellent Street Frontage
Located steps away from the Grand Central Market, the Bradbury Building, the downtown Los Angeles Civic Center and two (2) Metro Transit Stations.
Negotiable Pricing
Flexible Terms
Great Visibility on High Traffic St in Downtown Los Angeles

Property Flyers

Amenities

  • Vintage Building

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 2 min 16 min 0.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 4 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Historic Broadway Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 0 min 2 min 0.1 mi
Pershing Square Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.3 mi
Civic Center/Grand Park (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
Grand Ave Arts / Bunker Hill Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 1 min 9 min 0.5 mi
Little Tokyo-Arts District (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Bob Hope 24 min - 15.1 mi
Los Angeles International 25 min - 15.4 mi
Long Beach (Daugherty Field) 31 min - 23.7 mi
Allen Gross 818-873-8007 Standard Development
Allen Gross 818-873-8007 Standard Development