Central LA Office Space

Central LA

Office Space Market Report

Number of Listings (last 90 days)
405
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,060
As of: March 11, 2017

Central LA Rates

Most listings are in the $40's per square foot per year. The Central LA submarket is going through a an increase 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, 405 listings have been made available, 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 sign a longer term lease with the landlord directly. 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 3,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1956 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 occupants. 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