ADJACENT TO METRO D LINE STATION IN MIRACLE MILE
Retail Space for Lease
5353 Wilshire Blvd., Los Angeles, CA 90036
NEIGHBORING TENANTS
Fairfax Ave.Fairfax Ave.
SITE
AVAILABLE
Size: ±1,140 SF
Rent: $4.50 PSF/Mo., NNN NNN: ±$1.00 PSF/Month
PROPERTY HIGHLIGHTS
• Ground floor of Boulevard on Wilshire with 95 luxury apartment units
• On-grade commercial parking
• One block from Metro’s Wilshire/La Brea D Line (formerly Purple Line) station
• Highly visible Miracle Mile location near Museum Row
• ±85,000 cars per day at Wilshire and La Brea; major thoroughfare from Hollywood to the I-10 Freeway
• Available immediately
Prospective tenants are hereby advised that all uses are subject to City approval
La Brea Ave.La Brea Ave.
Wilshire Blvd.
Wilshire Blvd.
Additional Photos
Parking Entrance on Detroit Street Intersection of Wilshire Blvd. and Detroit Street
Across the street from future Metro Station
Fa irf ax A ve .
La Brea Tar Pits
Craft and Folk Art Museum Academy Museum of Motion
Pictures (Under Construction)
Los Angeles County Museum of Art Petersen
Automotive Museum
La B re a A ve .
Park La Brea Apartment Community
4,286 Units
Wilshire Blvd.
5353 Wilshire Blvd.
ADJACENT TO METRO D LINE STATION IN MIRACLE MILE
Retail Space for Lease
5353 Wilshire Blvd., Los Angeles, CA 90036
Trade Area
ADJACENT TO METRO D LINE STATION IN MIRACLE MILE
Retail Space for Lease
5353 Wilshire Blvd., Los Angeles, CA 90036
Metro Purple Line Extension
Rendering below shows how the Wilshire/La Brea Station might look.
The station entrance is planned for the Metro-owned
property on the northwest corner of Wilshire Bl and La Brea Av. Construction staging will occur at this property as
well as the Bank of America site on the southwest corner.
This station will serve as an eastern gateway to the Miracle Mile area and provide easy north-south connections to La Brea Av.
The long-awaited Metro Purple Line Subway Extension is now under construction. From the current terminus at Wilshire/Western, the Purple Line Extension will extend westward for about nine miles with seven new stations.
It will provide a high-capacity, high-speed, dependable alternative for those traveling to and from LA’s “second downtown,” including destinations such as Miracle Mile, Beverly Hills, Century City and Westwood.
Los Angeles is closer than ever to w this long-anticipated project a reality, connecting West Los Angeles to the region’s growing rail network, and improving mobility for everyone who lives, works and plays throughout Los Angeles County.
SITE
ADJACENT TO METRO D LINE STATION IN MIRACLE MILE
Retail Space for Lease
5353 Wilshire Blvd., Los Angeles, CA 90036
Museum Row on Miracle Mile
Museum Row on Miracle Mile is home to four major Los Angeles museums: L.A. County Museum of Art, La Brea Tar Pits and Museum, Craft and Folk Art Museum, and Petersen Automotive Museum.
A fifth museum, The Academy
Museum of Motion Picture Arts
and Science (or Oscars Museum),
is currently under construction.
Area Demographics
2019 Estimated Population 20,907 46,804 172,345
2024 Projected Population 20,880 46,788 172,740
2010 Census Population 18,991 43,792 162,545
2000 Census Population 16,102 40,383 161,684
Projected Annual Growth 2019 to 2024 - - -
Historical Annual Growth 2000 to 2019 1.6% 0.8% 0.3%
2019 Median Age 34.8 36.4 37.2
HOUSEHOLDS
2019 Estimated Households 11,753 24,318 81,081
2024 Projected Households 12,109 25,072 83,883
2010 Census Households 10,286 21,870 73,320
2000 Census Households 9,086 20,615 72,643
Projected Annual Growth 2019 to 2024 0.6% 0.6% 0.7%
Historical Annual Growth 2000 to 2019 1.5% 0.9% 0.6%
RACE & ETHNICITY
2019 Estimated White 51.6% 56.3% 54.2%
2019 Estimated Black or African American 8.6% 12.5% 14.3%
2019 Estimated Asian or Pacific Islander 31.1% 21.1% 14.7%
2019 Estimated American Indian or Native Alaskan 0.2% 0.3% 0.5%
2019 Estimated Other Races 8.5% 9.7% 16.3%
2019 Estimated Hispanic 13.1% 15.5% 25.6%
INCOME
2019 Estimated Average Household Income $108,212 $124,004 $115,613 2019 Estimated Median Household Income $78,905 $85,643 $81,173
2019 Estimated Per Capita Income $60,919 $64,503 $54,497
EDUCATION
2019 Estimated High School Graduate 8.1% 9.7% 13.6%
2019 Estimated Some College 13.3% 15.3% 17.2%
2019 Estimated Associates Degree Only 4.6% 5.2% 6.1%
2019 Estimated Bachelors Degree Only 45.1% 40.9% 34.7%
2019 Estimated Graduate Degree 25.7% 24.2% 19.0%
BUSINESS
2019 Estimated Total Businesses 1,737 5,131 17,670
2019 Estimated Total Employees 11,922 36,767 117,680
2019 Estimated Employee Population per Business 6.9 7.2 6.7
2019 Estimated Residential Population per Business 12.0 9.1 9.8
