For Sale
Griffith, CA
Commercial Real Estate Market Trends & Data
$767
Avg asking sale price
$37
Avg asking lease rate
10,356 SF
Avg unit lease size
27,617 SF
Avg building size for sale
5.36%
Average cap rate
Griffith's Demographic Profile
Griffith has 11,038 households and a median income of $101,880, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 26,605 |
| # Households | 11,038 |
| Median age | 42 |
| Median household income | $101,880 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 6,040 |
| 5-year population change | -4% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Griffith, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $912 | 6,314 SF | 8.72% |
| Silver Lake | $626 | 11,850 SF | 6.48% |
| Los Feliz | $929 | 10,770 SF | 5.09% |
| Echo Park | $491 | 81,903 SF | 5.04% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Silver Lake | $451 | 18,957 SF | 3.60% |
| Echo Park | $315 | 33,237 SF | 3.60% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Griffith | $843 | 6,573 SF |
| Glassell Park | $679 | 4,803 SF |
| Silver Lake | $737 | 10,988 SF |
| Los Feliz | $843 | 10,612 SF |
| Echo Park | $639 | 9,596 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $564 | 12,169 SF | 7.50% |
| Glassell Park | $453 | 21,424 SF | 9.00% |
| Silver Lake | $580 | 6,694 SF | 7.68% |
| Los Feliz | $536 | 10,528 SF | 7.81% |
| Echo Park | $467 | 8,189 SF | 9.00% |
Commercial Properties For Sale in Griffith
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Griffith pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Griffith | $767 | 27,617 SF |
| Glassell Park | $575 | 21,162 SF |
| Silver Lake | $606 | 8,647 SF |
| Los Feliz | $638 | 11,104 SF |
| Echo Park | $470 | 28,206 SF |
Regional Demographic Comparison
This comparison places Griffith alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Griffith or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Griffith | 26,605 | 11,038 | 42 | $101,880 | 2 | 6,040 | -4% |
| Glassell Park | 40,439 | 14,091 | 41 | $87,050 | 3 | 7,228 | -4% |
| Silver Lake | 31,428 | 14,505 | 41 | $101,347 | 2 | 9,529 | -3% |
| Los Feliz | 29,324 | 15,472 | 41 | $95,291 | 2 | 11,788 | -3% |
| Echo Park | 29,479 | 12,014 | 39 | $80,064 | 2 | 8,477 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Griffith, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Griffith
View All Commercial Real Estate For Sale in Griffith
Is Griffith a good market for a first-time commercial real estate investor?
Griffith offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Griffith?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Griffith. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Griffith?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Griffith. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Griffith compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Griffith. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Griffith acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Griffith, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
- Los Angeles Market Trends
- West Hollywood Market Trends
- Hollywood Market Trends
- Glendale Market Trends
- Echo Park Market Trends
- North Hollywood Market Trends
- Burbank Market Trends
- Oakwood Market Trends
- Pasadena Market Trends
- East Los Angeles Market Trends
- Sherman Oaks Market Trends
- Beverly Hills Market Trends
- Vernon Market Trends
- Studio City Market Trends
- Culver City Market Trends
- Alhambra Market Trends
- Sun Valley Market Trends
- Commerce Market Trends
- Valley Village Market Trends
- Boyle Heights Market Trends
- Windsor Hills Market Trends
- Monterey Park Market Trends
- Huntington Park Market Trends
- Montebello Market Trends
- Firestone Park Market Trends
- Glassell Park Market Trends
- Shadow Hills Market Trends
- Silver Lake Market Trends
- View more
- View less
