West City Retail

West City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

West City Rates

Most listings are in the $20's per square foot per year. The West City submarket is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 28% increase in rent.

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

West City Listing Supply

In the last 90 days, 14 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 720 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1987 and are Class B.

West City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst West City folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.