West-Central Hollywood Office Space

West-Central Hollywood

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,440
As of: June 23, 2017

West-Central Hollywood Rates

The typical asking rate per listing is in the $20's per square foot per year. The West-Central Hollywood submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $28 per sqft per year.

Compared to the rest of the Gold Coast market, the West-Central Hollywood submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

West-Central Hollywood Listing Supply

In the last 90 days, 20 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 115% of the office spaces in the West-Central Hollywood 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 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 1,440 sqft. Most properties in this region are around 5 stories. Most buildings in this area were built in 1986 and are Class B.

West-Central Hollywood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst West-Central Hollywood occupants. Commuting close to an hour 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-Central Hollywood.
Market Report

Market Data

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