Century City is a trophy-tier Class A submarket of Los Angeles with average asking rent around $105/sqft/yr.
LA's deepest trophy submarket. · Tier: trophy · Avg rent: $105/sqft/yr
Century City has overtaken Downtown LA as the city's deepest trophy office submarket. Talent agencies, law firms, family offices, and investment managers anchor demand.
Talent agencies (CAA, WME), top law firms, asset managers, family offices.
20-35,000 sqft floor plates.
Metro D Line (Purple Line extension), Constellation Boulevard.
Purple Line extension materially reshaped commute economics.
Westfield Century City, Fox Studios.
Century City is one of 6 Class A submarkets we cover in Los Angeles, classified as trophy tier with an average asking rent around $105/sqft/yr. Compared with the broader Los Angeles Class A stock, Century City typically attracts Talent agencies (CAA, WME), top law firms, asset managers, family offices and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Century City: Beverly Hills & West Hollywood, Culver City, Santa Monica, Downtown LA. The full Los Angeles submarket atlas is at /cities/los-angeles.
For an institutional Class A occupier evaluating Century City, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Los Angeles Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.