Wilshire Center - Koreatown Sublease

Wilshire Center - Koreatown

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
3,300
As of: January 19, 2017

Wilshire Center - Koreatown Rates

Compared to the rest of the Metropolitan Los Angeles market, the Wilshire Center - Koreatown region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Wilshire Center - Koreatown Listing Supply

In the last 90 days, 7 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces 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.

Even though the median size is 3,300 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 12 floors. Most buildings in this region were built in 1959 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 approximately 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