Mid-City West Sublease

Mid-City West

Office Space Market Report

Number of Listings (last 90 days)
49
Median Rate ($/sqft/yr)
$59
Median Size (sqft)
2,550
As of: June 21, 2017

Mid-City West Rates

Most listings are in the $50's per square foot per year. The Mid-City West region is experiencing a a rise in rates. In the last 3 months, the median rate rose $59 per sqft per year.

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

Mid-City West Listing Supply

In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 80% of the available leases in the Mid-City West 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,770 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this area were built in 1961 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