Catalina Villas Sublease

Catalina Villas

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,600
As of: December 7, 2016

Catalina Villas Rates

On average, listings lease in the $20's per square foot per year. The Catalina Villas region is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 24% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Catalina Villas region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Catalina Villas Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Catalina Villas 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.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1940 and are Class C.

Catalina Villas Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Catalina Villas folk. Commuting more than an hour and a half 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 Catalina Villas.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Catalina Villas.
Research