Most listings are in the $40's per square foot per year. The Downtown Los Angeles region is going through a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 29% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1779 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the listings in the Downtown Los Angeles 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 11,720 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 4 floors. Most buildings in this region were built in 1933 and are Class B.
This market is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Los Angeles residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Los Angeles.
Get email notifications when new listings are posted that match your requirements.