Bel Air-Beverly Crest Retail

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Bel Air-Beverly Crest

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Bel Air-Beverly Crest Rates

Most listings are in the $60's per square foot per year. The Bel Air-Beverly Crest submarket is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Bel Air-Beverly Crest submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Bel Air-Beverly Crest Listing Supply

In the last 90 days, 5 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Bel Air-Beverly Crest 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.

Even though the median size is 4,450 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1987 and are Class B.

Bel Air-Beverly Crest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Bel Air-Beverly Crest folk. Commuting approximately 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 Bel Air-Beverly Crest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bel Air-Beverly Crest.