Wilshire-Montana Office Space

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401 Wilshire - Unit 1070 Wilshire-Montana, Santa Monica, CA ocean views
Sep 02
1,070
sqft
Sublease Office
401 Wilshire - 2 Spaces Wilshire-Montana, Santa Monica, CA seven days notice
May 02
980 - 3,500
sqft
Sublease Office Medical Retail

Wilshire-Montana

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$95
Median Size (sqft)
2,420

Wilshire-Montana Rates

Most listings are in the $90's per square foot per year. The Wilshire-Montana region is going through a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 10% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Wilshire-Montana submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Wilshire-Montana Listing Supply

In the last 90 days, 92 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Wilshire-Montana 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.

The standard measurement for office space in this area is around 2,420 sqft. Most buildings in this market are around 4 stories. Most buildings in this region were built in 1951 and are Class A.

Wilshire-Montana Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Wilshire-Montana occupants. Commuting approximately 30 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 Wilshire-Montana.
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