Mid-City West Retail

Mid-City West

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
1,960
As of: August 16, 2017

Mid-City West Rates

On average, listings lease in the $50's per square foot per year. The Mid-City West region is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Mid-City West region has higher rates, and you'll need to pay a premium to be in this hot region.

Mid-City West Listing Supply

In the last 90 days, 49 listings have been posted online, so you'll want to check back regularly for new listings. About 43% of the listings in the Mid-City West 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 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 1,960 sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 1958 and are Class A.

Mid-City West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Mid-City West residents. 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 Mid-City West.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Mid-City West.
Research