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 $531 per square foot to buy and $401 per square foot to lease, with cap rates near 5.68% 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 $531 per SF
Avg asking lease rate $401 per SF
Avg unit size for lease 25,590 SF
Avg building size for sale 19,133 SF
Average cap rate 5.68%

The 5.68% 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

Entitled Retail Development/Multi-Family Use

Los Angeles, CA 90047

  • 0.30 AC Lot
  • 1 Commercial Lot
  • Auction Sale
For Sale

Value-Add Warehouse Off The Alameda Corridor

Huntington Park, CA 90255

  • 15,418 SF Industrial Building
  • Auction Sale
For Sale

Strategic Vernon Industrial Logistics Asset

Los Angeles, CA 90001

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

Brand-New Affordable Housing Investment

Los Angeles, CA 90002

  • 11,288 SF Multifamily
  • 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

2035 W 15th St

Long Beach, CA 90813

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

525 N Brand Blvd

Glendale, CA 91203

  • 48,093 SF Office Building
  • Price Upon Request

 

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 $615 20,624 SF 10.80%
Culver City $724 18,110 SF 5.77%
Marina Del Rey $886 3,960 SF 5.68%
Santa Monica $891 12,327 SF 7.00%

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 $403 25,669 SF 9.91%
Culver City $801 8,594 SF 4.14%
Santa Monica $1,127 19,706 SF 6.52%
Inglewood $425 19,283 SF 5.82%

 

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 $661 9,656 SF
Culver City $997 6,792 SF
Venice $1,669 5,003 SF
Santa Monica $1,246 8,357 SF
West Hollywood $941 9,087 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 $435 15,979 SF 11.81%
Culver City $452 11,808 SF 6.33%
Venice $814 5,044 SF 6.78%
Santa Monica $652 9,055 SF 9.19%
West Hollywood $464 12,648 SF 6.37%

 

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.

 

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 $531 19,127 SF
Culver City $672 14,104 SF
Marina Del Rey $979 5,017 SF
Venice $1,161 5,434 SF
Santa Monica $882 12,302 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

7001-7005 S Main St

Los Angeles, CA 90003

  • 8,460 SF Multifamily
  • 4.52% Cap Rate
  • $3,525,000
For Sale

Torrance Courtyard Apartments

Torrance, CA 90502

  • 44,241 SF Multifamily
  • $14,000,000
For Sale

Ready-to-Issue ED-1 Project w/ 71 Units

Los Angeles, CA 90011

  • 80,000 SF Multifamily
  • 1.00% Cap Rate
  • $1,895,000
For Sale

The Windsor Apartments & Adjacent Land

Los Angeles, CA

  • 6.22% Cap Rate
  • $19,995,000
For Sale

The Caswell

Los Angeles, CA 90066

  • 12,460 SF Multifamily
  • 5.00% Cap Rate
  • $8,200,000
For Sale

261-269 S San Pedro St

Los Angeles, CA 90012

  • 223,841 SF Multifamily
  • $850,000

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.