East LA Office Space

East LA

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,600
As of: December 6, 2016

East LA Rates

On average, listings lease in the $30's per square foot per year. The East LA submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 40% decline in rent.

East LA Listing Supply

In the last 90 days, 26 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the East LA are subleases, so you will probably have to focus your search on direct office leases. 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 3,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 1 floors. Most buildings in this area were built in 1955 and are Class B.

East LA Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the occupants of East LA work from home. 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 East LA.
Market Report

Market Data

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