Discover Office Space for Rent in Downtown Los Angeles, CA

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Available Office Spaces for Lease in Downtown LA

Quick Stats for DTLA Office Space

There are currently 56 office space listings for lease or rent in Downtown Los Angeles, California.

According to office market report by NGKF, DTLA has:

  • 36,066,289 square feet total industrial inventory
  • 6,239,467 SF available for lease
  • Vacancy rate of 17.3%

Office space for lease in Downtown Los Angeles is on average $3.38 to $3.78 per square feet. This area is one of the largest commercial office rental markets within LA County. Affordable office space in Los Angeles are the following areas: San Gabriel Valley, South Bay, North LA, and Tri-Cities.

Search office spaces in Downtown LA below for free. This includes small office space, Coworking Space, Executive Suites, Shared Space, Creative Space, Condos, Office Buildings, Class A, Class B, Class C, and subleases.

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FEATURED PROPERTIES

Office Space in Los Angeles for lease
515 S Flower St, Los Angeles, CA 90071
10 Listings Available
Size:
  11 – 1,292 SF
Uses:
  Office

Office Space in Los Angeles for lease
445 S Figueroa St, Los Angeles, CA 90071
11 Listings Available
Size:
  11 – 1,184 SF
Uses:
  Office

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Overview of the Downtown Los Angeles Office Property Market

DTLA Office Space and Property Rental Market

The office space rental market in Downtown Los Angeles is one of the largest in LA County. There’s approximately 36.06 million square feet total inventory with 6,239,467 square feet available for rent. The vacancy rate is reported to be 17.3%, which means for every 100 buildings there’s 17 available for lease. Because of the high demand for office space, rental rates have increased all over LA County. Offices for rent in Downtown Los Angeles can range from on average $3.38 to $3.78 per square feet – which is one of the more expensive areas of LA County.

New Industrial Property for Rent Under Construction in DTLA

There are new office properties under construction all over Los Angeles. As of Q1 2019, there’s 2,827,016 square feet total of commercial office properties being built in Los Angeles, however none of these projects were located in DTLA. Most of these developments are located in North LA, Pasadena, Culver City, Hollywood, Marina Del Rey/Venice, Playa Vista, and West Hollywood.

DTLA Largest Industrial Space Transactions in Q1 2019

Los Angeles is one of the more popular and largest office markets in the nation. Many companies within the technology, media, coworking, and creative industries have leased many properties in LA, mainly in the Westside. A key transaction in Downtown Los Angeles is WeWork, who lease a 78,000 sqft building. Other large office transactions in LA County was Google, Service Titan, and Lereta LLC. WeWork also leased a 112K sqft property in Santa Monica.