Boyle Heights Retail

Boyle Heights

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
2,270
As of: February 21, 2017

Boyle Heights Rates

On average, listings lease in the $20's per square foot per year. The Boyle Heights submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 19% decline in rent.

Boyle Heights Listing Supply

In the last 90 days, 11 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 9% of the available space in the Boyle Heights are subleases, so you will probably have to focus your search on direct office leases. 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 1,920 sqft. Most properties in this area are around 1 floors. Most buildings in this market were built in 1950 and are Class B.

Boyle Heights Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Boyle Heights occupants. Commuting more than 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 Boyle Heights.
Market Report

Market Data

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