Office for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Los Angeles, CA 90015

Description

Now Available for Lease, Office, The Western Pacific located at 1023-1031 S Broadway. Available square footage 5,040 - 160,307 SF.

Market Context

This office in Los Angeles, CA is listed for sale. It has been on the market for 92 days. Compare it against other office listings for sale in Los Angeles, CA — <a href="/search/sale/office/california/los-angeles">view the full market</a>.

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: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per Consensus.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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