818 N La Brea — Lease in Los Angeles, CA
- Price: $3.9M
- Listing type: For lease
- Asset type: Office
- Location: Los Angeles, CA 90038
Description
Creative Office in the Heart of Hollywood 818 N. LaBrea Avenue, Los Angeles, CA 90038 offers its buyer the opportunity to acquire a 6,009 SF two-story commercial building in the heart of Hollywood. Currently improved as creative office, the property is suitable for multiple uses and ideal for both investors and owner-users. Surrounded by top local art galleries, trendy retailers, exceptional restaurants and recently constructed apartments, this neighborhood continues to prosper and expand beyond its ongoing importance in the history of the Hollywood entertainment world.
Market Context
This office in Los Angeles, CA is listed for lease at $3,925,000. It has been on the market for 197 days. Compare it against other office listings for lease in Los Angeles, CA — view the full market.
As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- What is the typical cap rate for office in Greater Los Angeles?
- About 5.8% as of Q1 2026, per multiple brokerage reports.
- Is the Greater Los Angeles office market tightening or softening?
- Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$2.19/SF/mo – $2.97/SF/mo
Mid: $2.58/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- John Prevas · 310 550 2675 · john.prevas@cbre.com
- Marty Barkan · 310 550 2674 · marty.barkan@cbre.com
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