Coworking Spaces in Los Angeles, CA
Los Angeles is the largest city on the West Coast and the most populous city in California. LA is the entertainment capital of the world, as well as a cultural, financial and commercial hub. The city has an estimated population of 4 million residents. Thanks to Hollywood, LA is dubbed as the "Creative Capital of the World", as one in every six residents works in a creative industry in the city.
The Los Angeles coworking scene is fueled by its diverse economy and culture, booming freelancer population and a large number of university graduates.
About 12% of the city’s total workforce is made up by freelancers. Most freelancers in LA work in professional, scientific, management, and administrative fields, as well as arts and entertainment. Such industries require outside-of-the-box thinking and creative spaces for ideas to develop, making shared office spaces in Los Angeles an ideal work environment.
Coworking Market in Los Angeles, CA
Demand for coworking spaces in Los Angeles is expanding rapidly as a result of the city’s growing start-up scene, disruptive tech industry and entertainment business. LA boasts almost 7 million square feet of coworking space, according to Yardi Matrix.
In the last 5 years, venture capital investment equated to roughly $29 billion dollars in the LA metro area. Large tech employers in the city include SpaceX, Amazon, Blizzard Entertainment and Deloitte. Most large companies encourage employees to change-up their workstyle and try out coworking spaces to boost productivity and innovation.
LA is among the most searched for markets for creative office space in the United States, catering to the needs of freelancers, employees, start-ups or small businesses and large companies.
Flexible offices in Los Angeles are all about style and effectiveness, an essential combination preferred by young graduates. Over 950,000 people had a bachelor’s degree or higher in LA in 2017, a 17% increase since 2013. Also, in 2017, there were roughly 300,000 students enrolled in university and 65,000 graduates, the majority of which chose to remain in the city after finishing college due to vast career opportunities LA has to offer.
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What is coworking?
Coworking is a collaborative and flexible work style that involves a shared workplace or shared office space. The difference between coworking and traditional offices is that people who work in a coworking space don’t usually work for the same company or organization. This is why these collaborative work spaces appeal to freelancers, small businesses, solopreneurs, and independent workers. The coworking provider that manages the space handles all the services and amenities, to make sure all individual needs are covered. Many coworking spaces offer services such as event space and conference rooms, free wi-fi, virtual business addresses, 24/7 access, pet-friendly policies, printer and fax services, as well as the ability to rent office space by the hour, the day, the month, or long-term.
How to find the right coworking space in Los Angeles, CA
CommercialCafe is your go-to source for finding coworking & shared spaces in Los Angeles, CA. Search our selection of in Los Angeles, CA coworking spaces and find the right provider for your workspace needs. Our database includes 85 coworking office properties, so you can easily find your space and start working. Use our advanced search feature and filters to find the right shared office space, by selecting your desired price, neighborhood, and amenities such as complimentary Wi-Fi, coffee and tea, printing and scanning services or pet-friendly policies. Whether you’re looking to rent office space for a day, trying to find an hourly office rental, or searching for a longer-term option, we’ve got you covered.