Historic Quarter Industrial Space

Historic Quarter

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,910

Historic Quarter Rates

On average, listings lease in the $20's per square foot per year. The Historic Quarter region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Historic Quarter submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Historic Quarter Listing Supply

In the last 90 days, 54 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Historic Quarter are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,910 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.

Historic Quarter Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Historic Quarter occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Historic Quarter.
Research