Los Angeles, CA Commercial Real Estate Market Trends & Data

What Are Current Commercial Real Estate Benchmarks in Los Angeles?

Los Angeles commercial properties are averaging $522 per square foot to buy and $402 per square foot to lease, with cap rates near 5.69% across asset types. The data below covers sale prices, lease rates, cap rates, and building sizes by property type to support early-stage 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.

 

Los Angeles's Demographic Profile

Los Angeles has 1,372,750 households and a median income of $74,048, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

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

Use the benchmarks below to set initial underwriting baselines for Los Angeles, typical deal size, entry costs, and cap rate ranges by asset type before evaluating individual listings.

Key Market Metrics Value
Avg asking sale price $522 per SF
Avg asking lease rate $402 per SF
Avg unit size for lease 25,604 SF
Avg building size for sale 18,838 SF
Average cap rate 5.69%

The 5.69% average cap rate reflects current return expectations relative to Los Angeles pricing and deal scale. Use this alongside asking prices and lease rates to establish initial underwriting assumptions.

 

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

Strategic Vernon Industrial Logistics Asset

Los Angeles, CA 90001

  • 40,000 SF Industrial Building
  • Auction Sale
For Sale

Newly Built Units | TOC Affordable Housing

Los Angeles, CA 90003

  • 38,862 SF Multifamily
  • Auction Sale
For Sale

New 2026 TOC Affordable Housing Asset

Los Angeles, CA 90011

  • 16,704 SF Multifamily
  • Auction Sale
For Sale

Brand-New Affordable Housing Investment

Los Angeles, CA 90044

  • 21,000 SF Multifamily
  • Auction Sale
For Sale

Landmark Blank-Canvas NoHo Arts Corner Asset

North Hollywood, CA 91601

  • 11,331 SF Office Building
  • Auction Sale
For Sale

Brand-New Affordable Housing Investment

Los Angeles, CA 90002

  • 11,288 SF Multifamily
  • Auction Sale
For Sale

2035 W 15th St

Long Beach, CA 90813

  • 1,057 SF Industrial Building
  • $1,999,000
For Sale

121-137 West 5th Street

Long Beach, CA

  • 5.70% Cap Rate
  • $5,225,000

 

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 $603 20,368 SF 10.80%
Palms $931 21,806 SF 5.77%
Culver City $701 16,713 SF 5.77%
Mar Vista $748 5,135 SF 5.00%
Crenshaw $551 27,367 SF 7.35%

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 $398 25,210 SF 9.91%
Palms $823 6,147 SF 6.59%
Culver City $728 8,718 SF 4.14%
Crenshaw $825 14,893 SF 7.35%

 

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 $639 9,257 SF
Palms $1,029 8,994 SF
Culver City $957 7,266 SF
Mar Vista $790 4,837 SF
Crenshaw $405 6,595 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 $431 15,596 SF 11.81%
Culver City $446 10,807 SF 6.04%
Mar Vista $742 18,181 SF 6.41%
Leimert Park $335 15,771 SF 8.46%
Marina Del Rey $1,046 4,990 SF 5.55%

 

 

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 $522 18,838 SF
Palms $633 15,673 SF
Culver City $639 12,767 SF
Mar Vista $669 11,091 SF
Crenshaw $419 12,877 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

Newly Built Units | TOC Affordable Housing

Los Angeles, CA 90003

  • 38,862 SF Multifamily
  • Auction Sale
For Sale

Horton Hall

Los Angeles, CA 90027

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

The Centennial

Toluca Lake, CA 91602

  • 83,061 SF Multifamily
  • 5.29% Cap Rate
  • $24,000,000
For Sale

Nabi

Los Angeles, CA 90005

  • 26,844 SF Multifamily
  • $10,000,000
For Sale

439 S Hobart Blvd

Los Angeles, CA 90020

  • 17,064 SF Multifamily
  • 5.84% Cap Rate
  • $4,000,000
For Sale

Fully Renovated 1920's Tudor Style 4-unit

Los Angeles, CA 90019

  • 5,136 SF Multifamily
  • 4.67% Cap Rate
  • $2,150,000
For Sale

601 N Rossmore Ave

Los Angeles, CA 90004

  • 33,598 SF Multifamily
  • $7,500,000
For Sale

Park Lane Apartments

Los Angeles, CA 90020

  • 62,532 SF Multifamily
  • $9,200,000

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%
Palms 58,027 26,301 37 $91,437 2 21,388 -1%
Culver City 39,379 16,234 42 $115,611 2 7,826 -3%
Mar Vista 58,895 25,514 40 $100,556 2 16,121 -2%
Crenshaw 40,995 17,348 44 $60,984 2 10,734 -2%

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.