West Hollywood Office Space

West Hollywood

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
2,010
As of: January 23, 2017

West Hollywood Rates

The typical asking rate per listing is in the $50's per square foot per year. The West Hollywood region is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 13% decline in rent.

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

West Hollywood Listing Supply

In the last 90 days, 19 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 32% of the office spaces in the West Hollywood 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,010 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1956 and are Class A.

West Hollywood Community

Market Report

Trends and status of the commercial real estate market in West Hollywood.
Market Report

Market Data

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

West Hollywood Submarkets