Central LA Office Space

Wall Street Garment Center Unit 216 (Floor 2)
Los Angeles, CA
Ask me the advantages of signing a five-year lease! On all our listings minimal one year leases are accepted only, and owner may require a longer than one-year lease for this listing. Showings by APPOINTMENT ONLY. My name is Donegan and I am a real estate broker, if this space doesn't meet your needs I may have or know about something else that does. Please go to my web-site and submit your information at DTLArealestate.com now or call now! Thank you! **********NO MEDICAL MARIJUANA! Don't waste your time calling! See our other spaces on Craig's List... http://losangeles.craigslist.org/search/?areaID=7&subAreaID=&query=donegan&catAbb=hhh Become a fan of DOWNTOWN LA on Facebook: @dtla4ever Instagram: @dtlarealestate Twitter: @dtla4ever Snapchat: @dtlarealestate NEARBY CITIES: Echo Park, Silver Lake, Koreatown, Hollywood, Glendale, Burbank, Eagle Rock, Frogtown, Westlake, Vernon, East LA, Boyle Heights, Pico Union, Pasadena DISTRICT: Arts District, Fashion District, Toy District, Bunker Hill, Flower District, South Park District, Historic Core, Old Bank District, Jewelry District, Chinatown, Little Tokyo, Financial District KEYWORDS: commercial real estate agent, commercial real estate broker, agent, broker, photography, art, artist, creative office space, film production, post-production, pre-production, warehouse space, tv, editing, studio, graphic design, pr firm, media, branding, programming, agency, brokerage, high rise, marketing, publishing, advertising, architect, accountant, attorney, lawyer, administrative, clerical, luxury office, high-end office, small office, cheap, inexpensive, executive suite, class-a office, class-b office, class-c office, retail space, store for lease, bar for lease, restaurant for lease, shopping center, gallery, showroom, show room DISCLOSURES: The information contained herein is deemed reliable but was obtained from third parties and has not been independently verified by dtlarealestate.com and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice. Pictures shown might not be of the actual particular available space, but of a similar one in the same building. All sq ft listed on marketing materials are the net (usable) square feet which we include a standard 20% load factor to calculate the gross (rentable) square feet. In order to make searches of our listings easy and quicker to know comparable sizes between them, we list everything with a 20% load factor to create uniformity in searches and quotes, regardless if there is common area or not. Square feet are approximate and are not guaranteed, leases assume you measure the sq ft before leasing and approve of the calculation for multiple reasons. Rent rate and terms on all of darealestate.com's advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Please see our web-site for full disclosures. Lic#01753250

Central LA

Office Space Market Report

Number of Listings (last 90 days)
453
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
2,990
As of: January 21, 2017

Central LA Rates

Most listings are in the $40's per square foot per year. The Central LA region is going through a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 9% increase in rent.

Central LA Listing Supply

In the last 90 days, 453 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available space in the Central LA are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,990 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1957 and are Class A.

Central LA Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central LA folk. 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 Central LA.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Central LA.
Research