Central City Retail

Central City

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
900
As of: June 24, 2017

Central City Rates

Most listings are in the $10's per square foot per year. The Central City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Central City submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Central City Listing Supply

In the last 90 days, 10 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 60% of the available space in the Central City 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 900 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 1979 and are Class B.

Central City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Central City occupants. Commuting under 5 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 City.
Market Report

Market Data

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