- $15,000,000
- 3.80% Cap Rate
- Ideal headquarters opportunity to own a standalone two-story office asset with gated security and excellent access to major freeways and amenities.
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Los Angeles Office Space for Sale
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- Built in 1986
- 1.44 AC Lot
- Buy a recently renovated, 4-story office asset with a campus-like environment featuring exceptional signage visibility to the I-10 in amenity-rich Culver City.
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Office Space For Sale in Los Angeles
Los Angeles is a leading city in the global economy known for its cultural diversity, strong infrastructure, and a wide-ranging educational system, positioning it as a prime location for commercial real estate investing. Office spaces in the city gain from being part of an active network that includes proximity to Fortune 500 companies, renowned universities like UCLA and USC, and an extensive transportation system that includes highways, airports, and rail links. The city's geography, stretching from the Pacific Ocean to the San Fernando Valley, presents a diverse setting for businesses. With a GDP that places it third worldwide, and as the location of one of the busiest container ports in the Americas, Los Angeles offers a conducive environment for the growth of office spaces amidst its economic strength and cultural wealth.
Office spaces for sale in Los Angeles are well-placed to utilize the city’s economic and cultural advantages. These properties are near global entertainment companies, major ports, and a comprehensive network of highways and rail systems, ensuring easy connectivity and accessibility. In addition to office spaces, the real estate market in Los Angeles includes apartment buildings that accommodate its large population, shopping centers catering to the city’s role as a fashion and retail center, and hotels that host a large number of tourists every year. Each type of property plays a significant role in the city’s complex landscape of commercial opportunities, with apartment buildings providing housing solutions in a densely populated area, shopping centers acting as community hubs, and hotels supporting the tourism industry.
Learn About Office Space For Sale in Los Angeles
How many Office Space listings are available for sale in Los Angeles?
There are currently 575 Office Space listings for sale in Los Angeles.
What factors should I consider when searching for office space in Los Angeles?
The factors to consider when searching for office space in Los Angeles entail understanding the average market indicators, considering the location's benefits, and assessing the suitability for your specific needs.
- First, acquaint yourself with the average market indicators such as the price of $624 per Square Foot, and the size of 19,682 SF.
- Additionally, the unique aspects of Los Angeles, such as its varied economy, backing from Fortune 500 companies, and an assortment of building types from low-rises to skyscrapers, all contribute to creating a favorable environment for acquiring office spaces.
- Finally, evaluate your specific needs considering the variety of office space sizes available and the 575 listings currently active in Los Angeles. Office spaces in Los Angeles can cater to businesses of various sizes due to its size, economic diversity, and globalization, making it a practical choice.
How much does it cost to buy an office space in Los Angeles?
Depending on various factors, the price to buy office space in Los Angeles can fluctuate; however, the average price per square foot is $624.
What is the largest Office Space available to buy in Los Angeles?
The largest Office Space for sale in Los Angeles spans 420,000 SF.
Why is Los Angeles an ideal location for Office Space?
Los Angeles can be an advantageous location for office space due to its role as a significant commercial, financial, and cultural hub, robust infrastructure, and diverse economy.
Having office space in Los Angeles aligns with its diverse economy, boosted by industries such as international trade, entertainment, aerospace, technology, and tourism. This aspect can provide numerous avenues for potential collaborations, partnerships, and business growth for organizations.
Is it permissible to reside in an office space?
It is generally not officially allowed to live in a designated office space, particularly in Los Angeles. Office spaces are zoned and designed specifically for business purposes, not residential use. Residing in office places could result in violating city zoning laws, safety codes, and insurance policies.
Size Summary For Los Angeles Office Space
| Office Space Size | Square Feet |
|---|---|
| Maximum | 420,000 SF |
| Average | 19,682 SF |
| Minimum | 170 SF |
Cap Rate for Los Angeles Office Space
| Office Space Cap Rate | Cap Rate Percentage |
|---|---|
| Maximum | 9.92% |
| Average | 5.59% |
| Minimum | 2.23% |
Prices for Los Angeles Office Space
| Office Space Price | Price Per SF |
|---|---|
| Maximum | $3,588 Per SF |
| Average | $624 Per SF |
| Minimum | $82 Per SF |
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