Los Angeles Market Status

Median Rate
$45
/sqft/yr
Since 90 days ago
$34
/sqft/yr
Median Size
3,190
sqft

Concentration of Listing Postings in Los Angeles

Los Angeles Rates

The typical asking rate per listing is in the $40's per square foot per year. The Los Angeles region is experiencing a an increase in rates. In the last 3 months, the median rate increased $45 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Los Angeles submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Los Angeles Listing Supply

In the last 90 days, 1205 listings have been made available, so you'll want to check back regularly for new listings. About 59% of the available space in the Los Angeles are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,330 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1969 and are Class A.

Los Angeles Community

Subleases

67%
Subleases

Under 5000 sqft

0%
Under 5000 sqft

Top Submarkets

Rate/sqft/yr Listing Inventorylast 90 days
1. Downtown Los Angeles $44 1,777,870 sqft
2. Hollywood $54 477,660 sqft
3. Westwood $47 340,890 sqft
4. Chatsworth $22 276,280 sqft
5. Historic Cultural $18 257,920 sqft
6. Mid-City West $43 210,330 sqft
7. Greater Wilshire $30 202,530 sqft
8. Pico Union $24 191,880 sqft
9. Westside $54 147,470 sqft
10. Woodland Hills-Warner Center $27 147,330 sqft

Listing Rates

Average Asking Rate Over Time (/sqft/yr)

Historical rate data provided by JLL.

Listing Rates by Submarket