Wilshire Center - Koreatown Sublease

Wilshire Center - Koreatown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,750
As of: August 17, 2017

Wilshire Center - Koreatown Rates

Compared to the rest of the Metropolitan Los Angeles market, the Wilshire Center - Koreatown region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Wilshire Center - Koreatown Listing Supply

In the last 90 days, 8 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available space in the Wilshire Center - Koreatown 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.

The standard measurement for office space in this area is around 1,750 sqft. Most properties in this region are approximately 12 stories. Most buildings in this area were built in 1960 and are Class A.

Wilshire Center - Koreatown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Wilshire Center - Koreatown occupants. Commuting close to an hour 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 Wilshire Center - Koreatown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Wilshire Center - Koreatown.
Research