Los Angeles, CA Office Space for Rent

Los Angeles' diverse and rich well of culture and innovation continues to drive ingenuity and growth across the greater region. At the center of this vast metropolitan area is an office market that has many times been cited as the most desirable, by businesses far and wide. No matter the industry, Los Angeles has the real estate for it — office space opportunities in L.A. include traditional, creative, as well as flexible office space, in all shapes and sizes. From the newest construction technology, to award-winning redevelopments of office space in preserved historic gems, the Los Angeles office market boasts nearly unmatched variety.

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There are 4,096 currently available office spaces for rent in Los Angeles, which range in size from 100 square feet to 140,000 square feet. Rents vary across property classes, with rates for trophy grade rentals averaging $50.75 per square foot per year, while class C office space rents are $29.37 per square foot per year, on average. Listing sizes across the market average 5,853 square feet.

Van Nuys, Los Angeles

For lease

$23.88/Sqft/Year

The Phoenix Building

6842 Van Nuys Boulevard, Van Nuys, CA 91405

A 87,375 square foot office building that will undergoing exterior renovation for a build-to-suit tenant.

Property
Office

Availability
3 Spaces / 31,900 Sqft

Downtown Los Angeles, Los Angeles

For lease

$54/Sqft/Year

PacMutual

523 West 6th Street, Downtown Los Angeles, Los Angeles, CA 90014

An historic downtown building highlighted with elegant moldings, marble, brick and glass facade located in the heart of the Financial District on the north side of 6th Street between Grand Avenue and Olive Street.

Property
Office

Availability
37 Spaces / 143,582 Sqft

Beverly Hills, Los Angeles

For lease

$111/Sqft/Year

Wilshire Boulevard 100

100 Wilshire Boulevard, Downtown Santa Monica, Santa Monica, CA 90401

A 21-story, 252,536 square foot office tower of concrete, glass & steel. Remodeled glass-enclosed lobby with water effects. Located in Santa Monica at Wilshire Boulevard & Ocean Avenue.

Property
Office

Availability
5 Spaces / 19,687 Sqft

Koreatown, Los Angeles

For lease

$24/Sqft/Year

Central Plaza - 3440 Wilshire Blvd

3440 Wilshire Blvd, Koreatown, Los Angeles, CA 90010

3030 Studios located at 3030 Andrita Street is a Class B industrial building completed in 1925 and features a total of 107,875 Sqft.

Property
Office

Availability
22 Spaces / 73,316 Sqft

West Hollywood, Los Angeles

For lease

$51 - $54/Sqft/Year

Piazza del Sol

8439 West Sunset Blvd, Hollywood Hills West, West Hollywood, CA 90069

There are 9 Office spaces available for lease at 8439 West Sunset Blvd, West Hollywood, CA, 90069, totaling 27,321 Sqft.

Property
Office

Availability
9 Spaces / 27,321 Sqft

Sherman Oaks, Los Angeles

For lease

$30/Sqft/Year

Corbell Plaza

15456 Ventura Blvd, Encino, Sherman Oaks, CA 91403

There are 4 office spaces available for lease. The largest space available has 1,750 Sqft and a rental rate of $30/Sqft/Year.

Property
Office

Availability
4 Spaces / 5,690 Sqft

Echo Park, Los Angeles

For lease

$35.4/Sqft/Year

Rolf K. McPherson Building

1910 West Sunset Blvd, Echo Park, Los Angeles, CA 90026

Rolf K. McPherson Building is located at 1910 West Sunset Blvd in the Echo Park neighborhood, CA, Los Angeles, 90026.

Property
Office

Availability
5 Spaces / 19,053 Sqft

Downtown Los Angeles, Los Angeles

For lease

$2.75 - $3.75/Sqft/Year

The Standard Oil Building

605 West Olympic Blvd, Downtown Los Angeles, Los Angeles, CA 90015

There are 9 Office spaces available for lease at 605 West Olympic Blvd, Los Angeles, CA, 90015, totaling 72,464 Sqft.

Property
Office

Availability
9 Spaces / 72,464 Sqft

Westlake, Los Angeles

For lease

$27/Sqft/Year

520 South Lafayette Park Place

520 South Lafayette Park Place, Westlake, Los Angeles, CA 90057

This building is located at 520 South Lafayette Park Place in the Westlake neighborhood. The largest space available has 2,914 Sqft and a rental rate of $27/Sqft/Year.

Property
Office

Availability
22 Spaces / 26,734 Sqft

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Los Angeles Office Space Market Stats

The Los Angeles office market anchors a sprawling metropolitan area that spans from Ontario to the west, where the L.A. market neighbors the Inland Empire, to Lancaster up north, Santa Clarita and Malibu to the east, to San Clemente further downcoast past Huntington Beach.

Office space for rent listings in Los Angeles encompass 23,234,405 square feet across 4,096 spaces. Properties with vacancies listed include trophy grade to class C office buildings and average 332,395 square feet in size. Rental rates for Los Angeles office space range between $3.75 and $96.00 per square foot per year.

There are 477 class A office properties listed in Los Angeles, and 15 that are trophy grade. Rental rates for class A space average $49.42 per square foot per year, while class A+ rentals command $50.75 per square foot per year. The 1,012 class B office properties with listed vacancies average a rental rate of $35.38 per square foot per year, while the average rental rate for class C office property averages $29.37 per square foot per year.

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Commercial real estate news

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First National Realty Partners Acquires N.J. Office Building

April 30, 2020

Real estate investment firm First National Realty Partners recently announced the purchase of The Coastal Building in Red Bank, NJ. The property will add 29,178 square feet of Class A Jersey Shore office space to the company’s portfolio.

Amazon Expands Presence in Baltimore-D.C. Commercial Corridor

April 24, 2020

Cushman-Wakefield completed the $91 million sale of Techwood Business Center in Hanover, Md., on behalf of the seller, RREEF Management LLC. Amazon was the buyer in the deal, adding the Baltimore business park to its expanding portfolio in the state of Maryland.

Charlotte’s Hearst Tower Changes Hands in $446M Deal

April 14, 2020

Atlanta-based Cousins Properties has completed the sale of Hearst Tower. The Uptown Charlotte office property changed ownership to locally based Truist Financial Corporation. Commanding a gross price tag of $455.5 million, the building sold for roughly $470 per square foot.