Los Angeles, CA Commercial Real Estate Market Trends

Commercial Real Estate Market Report

This page provides a high-level view of commercial real estate conditions in Los Angeles, combining current pricing, property scale, and active inventory to support early market evaluation.

Explore Commercial Properties in Los Angeles

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

Commercial Property For Sale in Los Angeles

Commercial Property For Rent in Los Angeles

Los Angeles's Demographic Profile

With a population of 3,789,744 and a median household income of $74,048, these metrics help investors gauge whether Los Angeles's pricing reflects local demand fundamentals.

Key Demographic Metrics	Value
Population	3,789,744
# Households	1,372,750
Median age	38
Median household income	$74,048
Avg household size	3
Renter-occupied housing units	889,182
5-year population change	-3%

Commercial Real Estate Market Snapshot in Los Angeles

These market metrics outline current pricing, typical deal size, and observed cap rate ranges, giving investors a quick read on entry costs and high-level underwriting expectations.

Key Market Metrics	Value
Avg asking sale price	$553 per SF
Avg asking lease rate	$36 per SF
Avg unit size for lease	9,339 SF
Avg building size for sale	16,784 SF
Average cap rate	5.60%

In Los Angeles, commercial properties are currently listed at an average sale price of $553 per square foot, with average lease rates around $36 per square foot. Typical leased spaces are approximately 9,339 SF, while properties for sale average 16,784 SF in building size. Observed cap rates average 5.60%, offering a reference point for return expectations relative to pricing and deal scale.

Commercial Properties For Sale In Los Angeles

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

For Sale

2035 W 15th St

Long Beach, CA 90813

1,057 SF Office Building
$3,250,000

For Sale

525 N Brand Blvd

Glendale, CA 91203

48,093 SF Office Building

For Sale

West Fifth Street DTLB

Long Beach, CA

5.70% Cap Rate
$5,225,000

For Sale

5285 W Washington Blvd

Los Angeles, CA 90016

10,141 SF Office Building
6.59% Cap Rate
$7,500,000

For Sale

12820 Panama St

Los Angeles, CA 90066

13,913 SF Flex Building
$13,950,000

For Sale

323-325 Culver Blvd

Playa Del Rey, CA 90293

4,451 SF Retail Building
4.24% Cap Rate
$4,500,000

For Sale

Park Place Bldg 12

Culver City, CA 90230

12,000 SF Office Building
$4,850,000

For Sale

6006 S Western Ave

Los Angeles, CA 90047

2,850 SF Industrial Building
9.91% Cap Rate
$2,350,000

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Los Angeles

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets	Avg Cost/SF	Typical Size	Cap Max
Los Angeles	$616	19,246 SF	12.08%
Culver City	$725	17,063 SF	7.12%
Venice	$1,129	5,463 SF	4.00%
Santa Monica	$845	14,295 SF	4.00%

Industrial Property Market Metrics Near Los Angeles

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets	Avg Cost/SF	Typical Size	Cap Max
Los Angeles	$411	21,171 SF	12.08%
Culver City	$739	10,837 SF	7.12%
Santa Monica	$840	19,767 SF	5.50%
Inglewood	$486	26,208 SF	3.37%
El Segundo	$468	15,292 SF	5.00%

Retail Property Market Metrics Near Los Angeles

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets	Avg Cost/SF	Typical Size
Los Angeles	$713	10,416 SF
Culver City	$1,049	7,001 SF
Venice	$1,388	4,234 SF
Santa Monica	$1,144	7,974 SF
West Hollywood	$906	6,893 SF

Multifamily Property Market Metrics Near Los Angeles

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets	Avg Cost/SF	Typical Size	Cap Max
Los Angeles	$441	11,771 SF	10.11%
Culver City	$373	13,933 SF	6.15%
Venice	$833	5,046 SF	7.65%
Santa Monica	$681	12,495 SF	7.65%
West Hollywood	$487	17,693 SF	8.23%

How Investors Evaluate Commercial Real Estate Markets

This section provides practical guidance on how investors assess commercial real estate opportunities once they have reviewed market data and active listings. Use these resources to deepen your analysis or clarify unfamiliar concepts as you move from market research to deal-level evaluation.

Types of Commercial Real Estate Investment Properties

Understanding commercial properties and their investment potential

What Is a Cap Rate?

How To Calculate This Critical CRE Investment Metric and Why It Matters

Commercial Property Valuation

Understand Core Valuation Methods, Prevent Mistakes, and Use Our Instant Value Estimator

Commercial Real Estate (CRE) Appraisals

Understanding Commercial Real Estate Appraisals: A Comprehensive Guide

What are Reciprocal Easement Agreements in CRE?

REAs In Commercial Real Estate Generally Apply to Retail, Office and Mixed-Use Projects

Internal Rate of Return

Clarifying IRR concepts, outlines calculation methods, and examining its application in commercial real estate to guide your investment decisions.

Online Commercial Real Estate Auctions

Understanding, Participating, and Succeeding at CRE Auctions

Leverage Ratio Explained

A complete guide to how leverage ratios impact risk, financing, and returns - for both investors looking to buy and those who already own commercial property.

Quitclaim Deed Explained

Detailing the definition, purpose, legal requirements, risks, and strategic applications of a quitclaim deed for both personal and commercial real estate transactions.

What is Title Insurance?

Essential coverage that protects commercial property investors from ownership disputes, liens, and title defects that could threaten their investment and cash flow.

Yield on Cost

Detailing how yield on cost measures property performance by comparing stabilized NOI to total project costs, and it highlights complementary metrics for smarter investment decisions.

Gross Rent Multiplier (GRM) Calculator & Investment Guide

Simplifying Your Investment Analysis

What is a Ground Lease?

Understanding the Nuances of Ground and Land Leases

Qualified Improvement Property

Understand how Qualified Improvement Property (QIP) helps commercial property owners accelerate depreciation, reduce taxes, and improve investment returns.

Nearby Commercial Markets

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

Commercial Markets	Avg Cost/SF	Average Size
Los Angeles	$553	16,784 SF
Culver City	$761	12,918 SF
Marina Del Rey	$906	6,079 SF
Venice	$1,163	5,385 SF
Santa Monica	$872	14,523 SF

Multifamily For Sale In Los Angeles

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.

For Sale

Horton Hall

Los Angeles, CA 90027

22,582 SF Multifamily
5.21% Cap Rate
$8,890,000

For Sale

964 E Jefferson Blvd

Los Angeles, CA 90011

80,000 SF Multifamily
$2,399,999

For Sale

561 E 64th St

Long Beach, CA 90805

9,964 SF Multifamily
6.18% Cap Rate
$2,825,000

For Sale

Large Unit Mix & Ample Parking

Los Angeles, CA 90037

25,313 SF Multifamily
7.00% Cap Rate
$6,200,000

For Sale

5 Ones LLC

North Hollywood, CA 91601

34,928 SF Multifamily
4.00% Cap Rate
$20,599,000

For Sale

118 N Westmoreland Ave

Los Angeles, CA 90004

18,765 SF Multifamily
7.68% Cap Rate
$3,750,000

For Sale

Palm Court Apartments

Los Angeles, CA 90036

136,488 SF Multifamily
4.63% Cap Rate
$61,000,000

For Sale

Plaza Lafayette

Los Angeles, CA 90057

50,824 SF Multifamily
5.21% Cap Rate
$19,875,000

Regional Demographic Comparison

This comparison places Los Angeles 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 Los Angeles or distributed across surrounding areas.

City	Population	# Households	Age	MedianHouseholdIncome	AvgHouseholdSize	RenterOccupiedHousingUnits	FiveYrPopGrowthPct
Los Angeles	3,789,744	1,372,750	38	$74,048	3	889,182	-3%
Culver City	39,379	16,234	42	$115,611	2	7,826	-3%
Marina Del Rey	12,848	7,473	43	$140,569	2	6,136	-2%
Santa Monica	96,463	49,171	43	$107,023	2	36,158	-1%

FAQs About Commercial Investing in Los Angeles

View All Commercial Real Estate For Sale in Los Angeles

Is Los Angeles a good place to start investing in commercial real estate?

Los Angeles offers deep inventory and clear pricing benchmarks, which helps first-time investors understand market norms before making a purchase. Reviewing average prices, building sizes, and nearby market comparisons on this page can help you avoid overpaying and focus on properties that match your budget and risk tolerance.

How can I use this market data to decide if owning commercial property makes sense for my business?

The pricing and size metrics on this page help you compare the cost of ownership against leasing in Los Angeles and nearby markets. By reviewing typical building sizes and asking prices, you can assess whether buying a property fits your space needs and long term financial goals. This data provides a starting point before speaking with lenders or reviewing financing options.

What should conservative investors look for when evaluating Los Angeles commercial properties?

Conservative investors often focus on pricing stability, manageable property size, and return ranges shown in the market data. Reviewing cap rate ranges and multifamily pricing helps assess whether current market conditions support steady income without taking on excessive operational complexity.

How does Los Angeles compare to nearby markets from a pricing and scale perspective?

The nearby market tables highlight meaningful differences in cost per square foot and average building size across surrounding cities. These comparisons help experienced investors spot relative value and determine whether Los Angeles pricing is justified compared to alternative submarkets. Use this data to refine underwriting assumptions and focus on markets that best match your return targets.

How can this page support early-stage deal screening for Los Angeles acquisitions?

This page provides high-level benchmarks on pricing, scale, and cap rate ranges that are useful for initial market filtering. Comparing Los Angeles with nearby markets helps contextualize underwriting assumptions before allocating resources to deal-level analysis. Institutional teams often use this data to reduce noise and prioritize listings that meet size and return thresholds.

Nearby Cities

Commercial Market Reports