West Los Angeles, CA
Commercial Real Estate Market Trends & Data
West Los Angeles's Demographic Profile
West Los Angeles has 22,843 households and a median income of $105,442, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 46,773 |
| # Households | 22,843 |
| Median age | 38 |
| Median household income | $105,442 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 17,429 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near West Los Angeles, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Los Angeles | $860 | 18,838 SF | 7.00% |
| Mar Vista | $741 | 5,291 SF | 5.99% |
| Palms | $655 | 21,806 SF | 5.77% |
| Santa Monica | $862 | 14,965 SF | 7.00% |
| Los Angeles | $600 | 20,163 SF | 10.80% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Los Angeles | $671 | 22,484 SF | 6.52% |
| Santa Monica | $994 | 21,279 SF | 6.52% |
| Los Angeles | $403 | 23,966 SF | 9.91% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| West Los Angeles | $621 | 11,524 SF |
| Mar Vista | $787 | 5,123 SF |
| Palms | $1,012 | 8,171 SF |
| Santa Monica | $1,197 | 8,419 SF |
| Los Angeles | $638 | 9,281 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Los Angeles | $510 | 10,687 SF | 9.19% |
| Mar Vista | $511 | 17,492 SF | 6.41% |
| Palms | $446 | 11,658 SF | 5.99% |
| Santa Monica | $656 | 8,883 SF | 9.19% |
| Los Angeles | $438 | 12,756 SF | 11.81% |
Commercial Properties For Sale in West Los Angeles
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 West Los Angeles pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| West Los Angeles | $590 | 18,523 SF |
| Mar Vista | $646 | 11,390 SF |
| Palms | $614 | 15,460 SF |
| Santa Monica | $846 | 13,473 SF |
| Los Angeles | $521 | 17,543 SF |
Multifamily Properties For Sale in West Los Angeles
Regional Demographic Comparison
This comparison places West 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 West Los Angeles or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| West Los Angeles | 46,773 | 22,843 | 38 | $105,442 | 2 | 17,429 | -2% |
| Mar Vista | 58,895 | 25,514 | 40 | $100,556 | 2 | 16,121 | -2% |
| Palms | 58,027 | 26,301 | 37 | $91,437 | 2 | 21,388 | -1% |
| Santa Monica | 96,463 | 49,171 | 43 | $107,023 | 2 | 36,158 | -1% |
| Los Angeles | 3,789,744 | 1,372,750 | 38 | $74,048 | 3 | 889,182 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in West Los Angeles, 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 West Los Angeles
West Los Angeles 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 West Los Angeles. 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 West Los Angeles. 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 West Los Angeles. 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 West Los Angeles, 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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