Eastern Malibu Office Space

Eastern Malibu

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$67
Median Size (sqft)
970
As of: June 24, 2017

Eastern Malibu Rates

The typical asking rate per listing is in the $60's per square foot per year. The Eastern Malibu submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $67 per sqft per year.

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

Eastern Malibu Listing Supply

In the last 90 days, 19 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 970 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1980 and are Class B.

Eastern Malibu Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Eastern Malibu folk. Commuting around 10 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 Eastern Malibu.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Eastern Malibu.
Research

Malibu Submarkets