West Hollywood Office Space

West Hollywood

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,010
As of: January 17, 2017

West Hollywood Rates

On average, listings lease in the $50's per square foot per year. The West Hollywood region is seeing a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 13% decrease in rent.

West Hollywood Listing Supply

In the last 90 days, 20 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 30% of the available leases 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 on the market, 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 properties in this region are around 3 stories. Most buildings in this area were built in 1956 and are Class A.

West Hollywood 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 region. Commute by taxi is the most popular way to get to work amongst West Hollywood residents. Commuting close to an hour and a half 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 Hollywood.
Market Report

Market Data

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

West Hollywood Submarkets