Los Angeles Class A is currently flat with 22.5% headline vacancy — trophy is structurally tighter than the broader market suggests.
Los Angeles Class A is currently flat with 22.5% headline vacancy — trophy is structurally tighter than the broader market suggests.
Los Angeles's broad Class A index reads 22.5% vacancy and trends flat. That headline masks a real bifurcation — trophy product (Century City) is structurally tight; older Class A and Class B carry the long tail. Cycle decisions should be made at the submarket and tier level, not at the headline.
For occupiers up at renewal: a softening market favours staying or relocating to better-quality stock at attractive terms. A tightening market favours early renewal and locking in expansion options.
| city | Los Angeles |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 65 USD/sqft/yr |
| classARentUsd | $65/sqft/yr |
| vacancy | 22.5% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 14 |
| submarkets | 6 |
| primeYieldPct | 5.8% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.