West Hollywood Retail

West Hollywood

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
2,950
As of: June 23, 2017

West Hollywood Rates

Most listings are in the $50's per square foot per year. The West Hollywood region is going through a an increase in rates. In the last 3 months, the median rate increased $54 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the West Hollywood submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

West Hollywood Listing Supply

In the last 90 days, 16 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 88% of the office spaces in the West Hollywood are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 36,010 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this area were built in 1957 and are Class A.

West Hollywood Community

Market Report

Trends and status of the commercial real estate market in West Hollywood.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Hollywood.
Research

West Hollywood Submarkets