Highland Park, CA
Commercial Real Estate Market Trends & Data

$691 Avg asking sale price
$5,098 Avg asking lease rate
8,927 SF Avg unit lease size
7,655 SF Avg building size for sale
6.03% Average cap rate

Highland Park's Demographic Profile

Highland Park has 19,274 households and a median income of $88,215, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 53,449
# Households 19,274
Median age 39
Median household income $88,215
Avg household size 3.0
Renter-occupied housing units 10,814
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Highland Park, CA

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Highland Park $693 4,827 SF 6.18%
Eagle Rock $624 3,570 SF 6.18%
Lincoln Heights $548 47,641 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Highland Park $863 1,948 SF
Eagle Rock $793 3,437 SF
South Pasadena $962 10,802 SF
Glassell Park $668 4,878 SF
Lincoln Heights $555 4,082 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Highland Park $324 13,887 SF 5.66%
Eagle Rock $413 20,578 SF 6.47%
South Pasadena $447 13,387 SF 6.08%
Glassell Park $424 18,708 SF 9.00%
Lincoln Heights $371 12,647 SF 9.00%

Commercial Properties For Sale in Highland Park

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4500 York Blvd

Los Angeles, CA 90041

  • 3.90 AC Lot
  • 1 Industrial Lot
  • Price Upon Request
For Sale

53 Unit Entitled Condominum Development

South Pasadena, CA 91030

  • 1.26 AC Lot
  • 1 Residential Income Lot
  • $8,000,000
For Sale

1.05 AC Prime Development Land

South Pasadena, CA 91030

  • 1.05 AC Lot
  • 1 Commercial Lot
  • $5,200,000
For Sale

308 Pasadena Ave

South Pasadena, CA 91030

  • 9,990 SF Multifamily
  • 5.01% Cap Rate
  • $6,280,000
For Sale

4108 N Figueroa St

Los Angeles, CA 90065

  • 2,749 SF Retail Building
  • $1,000,000
For Sale

211 W Avenue 33

Los Angeles, CA 90031

  • 3,400 SF Industrial Building
  • $1,690,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Highland Park pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Highland Park $691 7,655 SF
Eagle Rock $610 11,103 SF
South Pasadena $638 11,335 SF
Glassell Park $539 20,200 SF
Lincoln Heights $498 25,343 SF

Regional Demographic Comparison

This comparison places Highland Park 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 Highland Park or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Highland Park 53,449 19,274 39 $88,215 3 10,814 -5%
Eagle Rock 25,115 8,971 43 $100,042 3 4,337 -4%
South Pasadena 26,350 10,314 43 $124,064 3 5,826 -3%
Glassell Park 40,439 14,091 41 $87,050 3 7,228 -4%
Lincoln Heights 32,862 10,473 39 $57,882 3 7,305 -6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Highland Park, 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 Highland Park

View All Commercial Real Estate For Sale in Highland Park
Is Highland Park a good market for a first-time commercial real estate investor?

Highland Park 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 Highland Park?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Highland Park. 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 Highland Park?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Highland Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Highland Park compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Highland Park. 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 Highland Park acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Highland Park, 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.

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