Mid-City West Commercial Real Estate

Mid-City West

Market Report

Number of Listings
Posted in the last 90 days
69
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
2,980

Mid-City West Rates

The typical asking rate per listing is in the $50's per square foot per year. The Mid-City West region is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 5% decline in rent.

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

Mid-City West Listing Supply

In the last 90 days, 581 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the listings in the Mid-City West are subleases, so you will probably have to focus your search on direct office leases. 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 2,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1961 and are Class A.

Mid-City West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Mid-City West residents. 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 Mid-City West.
Research