Park Fifth
427 W 5th St,
Los Angeles, CA 90013
$2,391 - $9,613 | Studio - 3 Beds
In the 1890s, the most fashionable neighborhood in Los Angeles was Bunker Hill. Filled with elegant Victorian homes and sophisticated stores for the socialites and trend-setters who lived in the neighborhood, Bunker Hill was filled with LA's sparkle and glitter. That changed in the early 1920s, when the neighborhood's location -- perched on a hill in the city -- began to be seen as an impediment to growth rather than an asset. In addition, the elevation of the entire neighborhood was lowered, a tunnel was built through the area, and the neighborhood became overcrowded due to the ever-expanding city.
The neighborhood was nearly forgotten until recently, when it began to emerge as one of LA's trendy neighborhoods once again. The neighborhood escaped much of the city's redevelopment, so many of the older structures still remain. This trendy neighborhood is home to some fantastic venues, as well, such as the Walt Disney Concert Hall, the Broad, and the Museum of Contemporary Art. Bunker Hill offers new residents a mix of housing options, ranging from sleek, luxury apartments to trendy lofts. Bunker Hill is directly west of Downtown Los Angeles, extending from West 1st Street to West 5th Street.
The Angels Flight Railway is listed on the National Register of Historic Places
As of January 2025, the average apartment rent in Bunker Hill is $2,386 for a studio, $2,784 for one bedroom, $3,646 for two bedrooms, and $8,155 for three bedrooms. Apartment rent in Bunker Hill has decreased by -2.6% in the past year.
Studio
558 sq ft
Average Sq Ft
$2,386/month
Average Rent
1 BR
823 sq ft
Average Sq Ft
$2,784/month
Average Rent
2 BR
1,162 sq ft
Average Sq Ft
$3,646/month
Average Rent
3 BR
1,627 sq ft
Average Sq Ft
$8,155/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
out of 100 TransitScore® Rating
Living in this area is considered a rider’s paradise, with world-class transportation.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
3,187
Communities
885,147
Units
825
Cities
670
Communities
183,181
Units
308
Cities
642
Communities
127,083
Units
247
Cities
618
Communities
162,894
Units
235
Cities
594
Communities
103,553
Units
214
Cities
540
Communities
133,475
Units
274
Cities