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Los Angeles Commercial Real Estate for Sale
Commercial Real Estate For Sale in Los Angeles
Los Angeles is a key location for commercial real estate investing due to its cultural diversity, advanced infrastructure, and strong education system. The economy, supported by the entertainment, technology, and international trade sectors, offers a solid base for commercial properties. Its location between the Pacific Ocean and the San Fernando Valley, combined with a well-developed transportation network that includes one of the world’s busiest airports (LAX) and comprehensive freeways, adds value to commercial real estate. The presence of top universities like UCLA and USC makes the area a hub for business, innovation, and talent development.
In Los Angeles, commercial real estate for sale is close to major economic and cultural landmarks, including the Port of Los Angeles and the entertainment industry. This location ensures a continuous flow of commerce and tourism, critical for business success. Besides commercial properties, the city has important industrial properties supporting logistics and manufacturing, apartment buildings for residential space in an area with high population and housing demand, office spaces for the tech and creative industries, and hotels to serve the many tourists visiting Los Angeles yearly. These property types create a comprehensive real estate landscape that supports and strengthens the city's dynamic economy.
Learn About Commercial Real Estate For Sale in Los Angeles
How many Commercial Real Estate listings are available for sale in Los Angeles?
There are currently 3,056 Commercial Real Estate listings available for sale in Los Angeles. These listings offer a diverse range of commercial properties to cater to various business needs within the city.
What factors should I consider when searching for Commercial Real Estate in Los Angeles?
When searching for commercial real estate in Los Angeles, evaluate vital factors such as the location's economy, transportation infrastructure, and the property's size, price, and cap rate.
- Los Angeles boasts a diverse economy, with strong industries such as international trade, entertainment, aerospace, technology, and tourism, augmenting the potential for business growth for the commercial space.
- The city's extensive network of freeways, highways, and public transportation, including one of the world's busiest airports, provides excellent connectivity, boosting the accessibility factor for your commercial property.
How much does it cost to buy a Commercial Real Estate property in Los Angeles?
The price to acquire Commercial Real Estate in Los Angeles varies, with parameters like location, property size, and existing assets dictating the cost.
- The Average price per square foot in the area is currently $552.
- The average sized Commercial Real Estate listing for sale in Los Angeles is 17,619 SF, with the largest available listing being 1,500,586 SF in size.
Why is Los Angeles an ideal location for Commercial Real Estate?
Los Angeles, recognized globally for its diversified economy and notable attractions, offers vast opportunities for successful commercial real estate investments.
- The city's broad-based economy spans various sectors like entertainment, international trade, technology, and tourism, which can stimulate considerable demand for commercial spaces.
- As the country's second most populous city after New York, Los Angeles boasts of a large potential customer base, increasing the prospect of foot traffic for businesses in commercial properties.
- With 3,056 commercial real estate listings currently available, the sheer significance of the commercial property market in Los Angeles underlines the potential for wide-ranging business opportunities and growth.
Size Summary For Los Angeles Commercial Real Estate
| Commercial Real Estate Size | Square Feet |
|---|---|
| Maximum | 1,500,586 SF |
| Average | 17,619 SF |
| Minimum | 246 SF |
Cap Rate for Los Angeles Commercial Real Estate
| Commercial Real Estate Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 12.3% |
| Average | 5.32% |
| Minimum | 1.09% |
Prices for Los Angeles Commercial Real Estate
| Commercial Real Estate Price | Price Per SF |
|---|---|
| Maximum | $11,589 Per SF |
| Average | $552 Per SF |
| Minimum | $24 Per SF |
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