Highlights
- The average rent for office space in Los Angeles is $51.93 per square foot, 6.58% higher compared to the previous year.
- The average sale price for office space in Los Angeles is $284.35 per square foot, marking an increase of 53.90% compared to 2024.
- The market’s vacancy rate stands at 14.37%, lower than the state average of California, which is 18.44%.
- Renting Class A/A+ office space here costs $59.95 per square foot, while Class B averages $41.91 and Class C stands at $21.43.
- 1,574,875 square feet is currently under construction.
2025 Office Space Rent & Sales
- $51.93 2025 Avg. Asking Rent
- 6.58% Y-o-Y Avg. Asking Rent Change
- 14.37% 2025 Office Vacancy Rate
- $1.3B2025 Total Office Sales
- $284.35Avg. Sale Price/SF
What is the average asking rent price for office space in Los Angeles?
Average asking rents for office space here stand at $51.93 per square foot. The local office market recorded an average vacancy rate of 14.37% in 2025, unchanged from 14.37% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $1.3B across 25 sales. These transactions commanded an average sale price per square foot of $284.35.
Los Angeles, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in Los Angeles?
- Avg. Asking Rent Class A & A+$59.95
- Avg. Asking Rent Class B$41.91
- Avg. Asking Rent Class C$21.43
The average asking rent for Class A and A+ office space stood at $59.95 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Los Angeles averaged $41.91 per square foot, while the average for Class C space was $21.43 per square foot.
What is the average office rent per square foot by property class in CA?
- Avg. Asking Rent Class A & A+$58.81
- Avg. Asking Rent Class B$37.82
- Avg. Asking Rent Class C$22.26
For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.
Los Angeles, CA Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Century City | $103.63 | 8.19% |
| Beverly Hills | $71.70 | 13.51% |
| Pacific Palisades/Malibu | $71.38 | 19.27% |
| Westwood | $69.20 | 25.66% |
| West Hollywood | $64.95 | 20.15% |
| West Los Angeles | $59.57 | 21.80% |
| Hollywood | $58.78 | 23.43% |
| Marina Del Rey | $58.49 | 17.17% |
| East Los Angeles | $51.06 | 28.07% |
| Wilshire Corridor | $45.58 | 9.12% |
| Central San Fernando Valley | $45.20 | 13.58% |
| Culver City | $41.77 | 24.89% |
| Jefferson Corridor | $40.17 | 22.86% |
| Glendale | $37.89 | 15.61% |
| El Segundo | $36.99 | 16.95% |
| Los Angeles CBD | $35.24 | 8.66% |
| North Hollywood | $34.94 | 27.16% |
| South Los Angeles | $34.66 | 21.80% |
| Gateway Cities | $32.60 | 3.19% |
| LAX | $28.91 | 10.49% |
| Westlake | $24.89 | 2.92% |
2025 Office Sales Volume
- $284.352025 Avg. Price per SF
- $1.3B2025 Office Sales Volume
- 252025 Number of Transactions
What is the average sale price per square foot for office space in Los Angeles?
Average sale prices for office space in this market recorded a +53.90% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $284.35 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.
Los Angeles, CA Sale Price per SF Trend
- Los Angeles Avg. Sale Price per SF in 2025$284.35
- California Avg. Sale Price per SF in 2025$295.06
What was the total office sales volume in Los Angeles in 2025?
The local office market recorded 25 deals in 2025, adding up to a yearly sales volume of $1.3B.
- Los Angeles, CA Total Office Sales Volume in 2025 $1.3B
- Los Angeles, CA Total Number of Office Sales Closed in 2025 25
What were the largest office building sales in Los Angeles in 2025?
The market’s largest transaction last year was the sale of Figueroa at Wilshire for $210,000,000 on 6/5/2025. The next-highest sale was the transaction involving Element LA, which traded for $150,000,000. The third-largest transaction was the sale of 1601 Vine Street for $105,000,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| Figueroa at Wilshire | 601 South Figueroa Street | 6/5/2025 | $210,000,000 |
| Element LA | 12333 West Olympic Blvd | 12/5/2025 | $150,000,000 |
| 1601 Vine Street | 1601 Vine Street | 4/3/2025 | $105,000,000 |
| Sunset Media Center | 6255 West Sunset Blvd | 12/23/2025 | $61,000,000 |
| PacMutual Building | 523 West 6th Street | 9/23/2025 | $48,500,000 |
2025 Office Construction in Los Angeles, CA
- Los Angeles, CA Total SF completed in 2025 205,139
- Los Angeles, CA Total SF under construction in 2026 1,574,875
How much office space was built in Los Angeles in 2025?
Looking forward, development activity in 2026 is estimated to add 1,574,875 square feet of office space to the market in total.
What are the largest recent office completions in Los Angeles?
The largest recent office completion here is Century City Center at 825,000 square feet, completed in 2026. The next largest completions are Wrapper Tower and Forge at Alloy.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Century City Center | 1950 Avenue of the Stars, 90067 | 825,000 | 2026 |
| 1011 N Sycamore | 1011 North Sycamore Avenue, 90038 | 32,432 | 2026 |
| 6055 West Pico Blvd | 6055 West Pico Blvd, 90035 | 2,500 | 2025 |
| Forge at Alloy | 530 Mateo St., 90013 | 125,000 | 2024 |
| 1650 Euclid Street | 1650 Euclid Street, 90404 | 65,398 | 2024 |
| 1404 3rd Street Promenade | 1404 3rd Street Promenade, 90401 | 26,750 | 2024 |
| 9212 West Olympic Blvd | 9212 West Olympic Blvd, 90212 | 23,843 | 2024 |
| Wrapper Tower | 5790 West Jefferson Blvd, 90016 | 180,548 | 2023 |
| 843 North Spring Street | 843 North Spring Street, 90012 | 122,380 | 2023 |
| 9000 Wilshire Blvd | 9000 Wilshire Blvd, 90210 | 50,148 | 2023 |
See reports for other markets
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
- Newport Beach Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.