Playhouse District Industrial

We couldn't find any industrial spaces for Lease and Sublease

Playhouse District

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
1,510
As of: December 4, 2016

Playhouse District Rates

The typical asking rate per listing is in the $30's per square foot per year. The Playhouse District submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

Playhouse District Listing Supply

In the last 90 days, 25 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 16% of the available space in the Playhouse District are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,510 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1968 and are Class A.

Playhouse District 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 region. Commute by walking is the most popular way to get to work amongst Playhouse District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Playhouse District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Playhouse District.
Research