Los Angeles Market Status

Median Rate
$45
/sqft/yr
Since 90 days ago
$3
/sqft/yr
Median Size
3,660
sqft

Concentration of Listing Postings in Los Angeles

Los Angeles Rates

On average, listings lease in the $40's per square foot per year. The Los Angeles submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Los Angeles region has greater rates, and you'll need to make a great offer to be in this hot region.

Los Angeles Listing Supply

In the last 90 days, 1205 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Los Angeles 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,660 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1969 and are Class A.

Los Angeles Community

Subleases

2%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Los Angeles $37 2,859,600 sqft
2. Hollywood $54 777,790 sqft
3. Historic Cultural $18 446,950 sqft
4. Mid-City West $43 282,060 sqft
5. Westwood $47 246,680 sqft
6. Chatsworth $19 229,790 sqft
7. Westchester-Playa Del Rey $23 206,250 sqft
8. Woodland Hills-Warner Center $25 184,430 sqft
9. Sun Valley $ 180,250 sqft
10. Pico Union $24 178,480 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket