West-Central Hollywood Industrial

West-Central Hollywood

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,760
As of: December 3, 2016

West-Central Hollywood Rates

Most listings are in the $30's per square foot per year. The West-Central Hollywood submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 13% rise in rent.

Compared to the rest of the Gold Coast market, the West-Central Hollywood region has higher rates, and you'll need to make a great offer to be in this hot submarket.

West-Central Hollywood Listing Supply

In the last 90 days, 14 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,760 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this market were built in 1986 and are Class A.

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 residents. 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