WEST HOLLYWOOD
West Hollywood, Norma Triangle, West Hollywood West, and more.
Rent Rate
Leasing Activity SF
Vacant Available SF
SOURCE: CoStar
- Q1 - 2023
- Q1 - 2024
- Q1 - 2025
Leasing Market Overview
MEASURING Q1 2025Retail vacancy in West Hollywood has climbed from a low of 6.2% in late 2022 to 9.3% in the first quarter, placing it among the highest vacancy rates in Greater Los Angeles. Just a few years ago, in early 2019, vacancy in the area was more in line with the metro-wide average, which currently stands at 5.8%.
Recent leasing activity has included a mix of premium tenants. Erewhon, a high-end grocer, is preparing to open a 25,000-SF location at 8550 Santa Monica Blvd, taking over a former Sprouts space. In December, lifestyle and apparel brand Sporty & Rich signed a three-year lease for 5,600 SF at 8611-8619 Melrose Ave, with asking rents at $10.67/SF per month on a modified gross basis.
SNAPSHOT OF LEASES SIGNED
| No. | Signed Date | Start Date | Address | SF Leased | Rent/SF/Mo | Months on Market | Leasing Rep Company |
|---|---|---|---|---|---|---|---|
| 1 | Mar-25 | Mar-25 | 8042 W 3rd St | 482 | $6.64 | 1 Mo | AOA Commercial Brokerage |
| 2 | Mar-25 | Apr-25 | 7376-7384 Melrose Ave | 1,000 | $4.25 | 11 Mos | HR Property Group |
| 3 | Mar-25 | Mar-25 | 8729-8747 Santa Monica Blvd | 1,000 | $7.00 | 45 Mos | Calitex, LLC |
| 4 | Feb-25 | Mar-25 | 7410-7422 Melrose Ave | 800 | $4.00 | 5 Mos | Spacegrab |
| 5 | Feb-25 | Mar-25 | 8132-8136 W 3rd St | 1,100 | $5.81 | 9 Mos | City Street Commercial |
| 6 | Feb-25 | Feb-25 | 8543-8555 Santa Monica Blvd | 1,155 | $3.30 | 3 Mos | Holloway Partners Realty Inc. |
| 7 | Feb-25 | Mar-25 | 7450-7454 Melrose Ave | 2,200 | $2.72 | 2 Mos | Colonia Investment Co. |
| 8 | Jan-25 | Feb-25 | 7366-7386 Beverly Blvd | 1,235 | $5.00 | 22 Mos | Tamarack RES |
| 9 | Jan-25 | Mar-25 | 7366-7386 Beverly Blvd | 1,235 | $5.00 | 19 Mos | Tamarack RES |
| 10 | Jan-25 | Feb-25 | 8704 Santa Monica Blvd | 1,537 | $6.25 | 12 Mos | Ronco Investments, Inc. |
SOURCE: CoStar
