West Los Angeles Office Space

West Los Angeles

Office Space Market Report

Number of Listings (last 90 days)
496
Median Rate ($/sqft/yr)
$57
Median Size (sqft)
3,000
As of: July 27, 2017

West Los Angeles Rates

The typical asking rate per listing is in the $50's per square foot per year. The West Los Angeles submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.

West Los Angeles Listing Supply

In the last 90 days, 496 listings have been made available, so you'll want to check back regularly for new listings. About 59% of the available space in the West Los Angeles 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,940 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1974 and are Class A.

West Los Angeles Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst West Los Angeles 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 West Los Angeles.
Market Report

Market Data

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