SoBeCa Retail

SoBeCa

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,130
As of: February 21, 2017

SoBeCa Rates

Most listings are in the $10's per square foot per year. The SoBeCa region is going through a a rise in rates. In the last 3 months, the median rate rose $20 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the SoBeCa submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

SoBeCa Listing Supply

In the last 90 days, 6 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 1,130 sqft. Most properties in this area are approximately 3 stories. Most buildings in this region were built in 1980 and are Class B.

SoBeCa Community

Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst SoBeCa folk. Commuting approximately 30 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 SoBeCa.
Market Report

Market Data

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