Downtown Los Angeles Sublease

Downtown Los Angeles

Office Space Market Report

Number of Listings (last 90 days)
209
Median Rate ($/sqft/yr)
$58
Median Size (sqft)
6,430
As of: August 19, 2017

Downtown Los Angeles Rates

The typical asking rate per listing is in the $50's per square foot per year. The Downtown Los Angeles region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Downtown Los Angeles region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Los Angeles Listing Supply

In the last 90 days, 209 listings have been made available, so you'll want to check back regularly for new listings. About 69% of the available space in the Downtown Los Angeles 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,430 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 4 stories. Most buildings in this market were built in 1934 and are Class A.

Downtown Los Angeles Community

This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Los Angeles occupants. Commuting close to 30 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 Downtown Los Angeles.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Los Angeles.
Research