Central LA Office Space

Central LA

Office Space Market Report

Number of Listings (last 90 days)
405
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
3,950
As of: August 20, 2017

Central LA Rates

On average, listings lease in the $50's per square foot per year. The Central LA region is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% increase in rent.

Central LA Listing Supply

In the last 90 days, 405 listings have been listed, so you'll want to check back regularly for new listings. About 71% of the available space in the Central LA are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this region were built in 1956 and are Class B.

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 region. Commute by public transit is the most popular way to get to work amongst Central LA 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 Central LA.
Market Report

Market Data

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