Park Fifth
427 W 5th St,
Los Angeles, CA 90013
$2,664 - $10,682 | 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 February 2025, the average apartment rent in Bunker Hill is $2,339 for a studio, $2,820 for one bedroom, $3,703 for two bedrooms, and $8,174 for three bedrooms. Apartment rent in Bunker Hill has decreased by -1.3% in the past year.
Studio
558 sq ft
Average Sq Ft
$2,339/month
Average Rent
1 BR
822 sq ft
Average Sq Ft
$2,820/month
Average Rent
2 BR
1,143 sq ft
Average Sq Ft
$3,703/month
Average Rent
3 BR
1,627 sq ft
Average Sq Ft
$8,174/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.
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