Highlights
- The average rent for office space in Monterey Park is $34.09 per square foot, 0.23% higher compared to the previous year.
- The market’s vacancy rate stands at 28.52%, higher than the state average of California, which is 18.44%.
2025 Office Space Rent & Sales
- $34.09 2025 Avg. Asking Rent
- 0.23% Y-o-Y Avg. Asking Rent Change
- 28.52% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Monterey Park?
Average asking rents for office space here stand at $34.09 per square foot. The local office market recorded an average vacancy rate of 28.52% in 2025, unchanged from 28.52% in 2024.
Monterey Park, CA Office Asking Rents by Class
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.
Office Construction in Monterey Park, CA
What are the largest recent office completions in Monterey Park?
The largest recent office completion here is Los Angeles Corporate Center - Building 1000 at 113,513 square feet, completed in 1983. The next largest completions are Los Angeles Corporate Center - Building 900 and 601 Potrero Grande Drive.
| Office building | Address | SF | Completed |
|---|---|---|---|
| McCaslin Park - 2100 Saturn Street | 2100 Saturn Street, 91755 | 30,366 | 2004 |
| Quon Medical Center | 201 W Garvey Ave, 91754 | 28,499 | 1997 |
| Los Angeles Corporate Center - Building 1200 | 1200 Corporate Center Drive, 91754 | 87,031 | 1986 |
| Los Angeles Corporate Center - Building 900 | 900 Corporate Center Drive, 91754 | 113,512 | 1985 |
| Los Angeles Corporate Center - Building 1000 | 1000 Corporate Center Drive, 91754 | 113,513 | 1983 |
| Los Angeles Corporate Center - Building 1255 | 1255 Corporate Center Drive, 91754 | 79,611 | 1983 |
| 601 Potrero Grande Drive | 601 Potrero Grande Drive, 91755 | 93,861 | 1980 |
| Cupania Business Circle | 1 Cupania Circle, 91755 | 54,100 | 1972 |
| 207 E Pomona Blvd, Unit A | 207 E Pomona Blvd, Unit A, 91755 | 6,655 | 1950 |
See reports for other markets
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- San Francisco Office Rent Price
- San Diego Office Rent Price
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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.