West-Central Hollywood Industrial

West-Central Hollywood

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,490
As of: May 20, 2017

West-Central Hollywood Rates

The typical asking rate per listing is in the $30's per square foot per year. The West-Central Hollywood submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Gold Coast market, the West-Central Hollywood submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

West-Central Hollywood Listing Supply

In the last 90 days, 20 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,490 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1986 and are Class B.

West-Central Hollywood 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 area. Commute by bike is the most popular way to get to work amongst West-Central Hollywood occupants. Commuting around an hour 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 West-Central Hollywood.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West-Central Hollywood.
Research