Griffith, CA
Commercial Real Estate Market Trends & Data
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]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $930 | 6,200 SF | 8.72% |
| Silver Lake | $631 | 10,007 SF | 6.48% |
| Los Feliz | $893 | 4,630 SF | 5.09% |
| Echo Park | $481 | 17,072 SF | 5.04% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $731 | 83,759 SF | 5.00% |
| Glassell Park | $418 | 36,969 SF | 5.00% |
| Silver Lake | $446 | 18,957 SF | 3.60% |
| Echo Park | $328 | 34,778 SF | 9.35% |
| Lincoln Heights | $287 | 46,902 SF | 5.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Griffith | $865 | 7,059 SF |
| Glassell Park | $698 | 5,515 SF |
| Silver Lake | $780 | 10,683 SF |
| Los Feliz | $854 | 9,544 SF |
| Echo Park | $625 | 12,641 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Griffith | $605 | 12,748 SF | 6.56% |
| Glassell Park | $391 | 25,427 SF | 9.82% |
| Silver Lake | $559 | 7,730 SF | 7.68% |
| Los Feliz | $548 | 17,500 SF | 9.58% |
| Echo Park | $474 | 12,015 SF | 9.82% |
Commercial Properties For Sale in Griffith
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 | $801 | 28,707 SF |
| Glassell Park | $550 | 22,310 SF |
| Silver Lake | $607 | 8,431 SF |
| Los Feliz | $672 | 14,073 SF |
| Echo Park | $461 | 20,595 SF |
Multifamily Properties For Sale in Griffith
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
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.
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.
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.
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.
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.
- Los Angeles Market Trends
- West Hollywood Market Trends
- Hollywood Market Trends
- Glendale Market Trends
- Burbank Market Trends
- North Hollywood Market Trends
- Echo Park Market Trends
- Sherman Oaks Market Trends
- Oakwood Market Trends
- East Los Angeles Market Trends
- Pasadena Market Trends
- Beverly Hills Market Trends
- Studio City Market Trends
- Vernon Market Trends
- Culver City Market Trends
- Alhambra Market Trends
- Commerce Market Trends
- Valley Village Market Trends
- Sun Valley Market Trends
- Windsor Hills Market Trends
- Boyle Heights Market Trends
- Glassell Park Market Trends
- Huntington Park Market Trends
- Firestone Park Market Trends
- Silver Lake Market Trends
- Monterey Park Market Trends
- Montebello Market Trends
- Crenshaw Market Trends
- View more
- View less