Central LA Retail

Central LA

Office Space Market Report

Number of Listings (last 90 days)
405
Median Rate ($/sqft/yr)
$56
Median Size (sqft)
5,530
As of: June 26, 2017

Central LA Rates

Most listings are in the $50's per square foot per year. The Central LA submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $55 per sqft per year.

Central LA Listing Supply

In the last 90 days, 405 listings have been made available, so you'll want to check back regularly for new listings. About 83% of the office spaces in the Central LA are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,430 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1956 and are Class A.

Central LA 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 public transit is the most popular way to get to work amongst Central LA folk. Commuting between 30 and 45 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 Central LA.
Market Report

Market Data

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