Studio City Office Space

Studio City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
500
As of: June 28, 2017

Studio City Rates

Most listings are in the $60's per square foot per year. The Studio City submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $70 per sqft per year.

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

Studio City Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 75% of the available space in the Studio City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 500 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this region were built in 1978 and are Class B.

Studio City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Studio City folk. 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 Studio City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Studio City.
Research