Downtown Los Angeles Office Space

Downtown Los Angeles

Office Space Market Report

Number of Listings (last 90 days)
209
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
6,450
As of: June 28, 2017

Downtown Los Angeles Rates

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Los Angeles submarket is going through a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Los Angeles Listing Supply

In the last 90 days, 209 listings have been listed, so you'll want to check back regularly for new listings. About 90% of the available leases in the Downtown Los Angeles 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,300 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this region were built in 1934 and are Class A.

Downtown Los Angeles Community

A large portion of this region is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Los Angeles occupants. Commuting around 30 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 Downtown Los Angeles.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Los Angeles.
Research