Central LA Industrial

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1211 Valencia St - Space Pico Union, Los Angeles, CA skylights
Sep 12
2,610
sqft
Industrial Office
1282 N Fairfax Ave - Entire Building West Hollywood, West Hollywood, CA net of electric
Sep 09
13,500
sqft
Industrial Mixed Use Office Medical
915 Wilshire Blvd - Space Downtown Los Angeles, Los Angeles, CA  
Jul 14
4,530
sqft
Industrial

Central LA

Market Report

Number of Listings
Posted in the last 90 days
35
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
6,430

Central LA Rates

On average, listings lease in the $50's per square foot per year. The Central LA region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 1% increase in rent.

Central LA Listing Supply

In the last 90 days, 4247 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Central LA are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 6,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this market were built in 1956 and are Class B.

Central LA Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Central LA folk. Commuting between 30 and 45 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 Central LA.
Research