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- @manuelangeles01
- Los Angeles, CA
- 8 months ago
Commercial Real Estate Market Report: Self-Storage in Los Angeles County, CA
Market Overview
The Los Angeles self-storage market showed signs of stabilization in Q1 2024 after experiencing some softening in 2023. The market vacancy rate held steady at 11.6% compared to Q4 2023, while asking rents declined slightly by 0.5% quarter-over-quarter to $234 per unit. Despite recent challenges, Los Angeles continues to outperform the broader Western region, which had a higher vacancy rate of 11.9% and lower average asking rent of $178 per unit in Q1 2024.
Full Market Report: d2saw6je89goi1.cloudfront.net/uploads/digital_asset ...
Contact me for a complimentary market valuation analysis report for your self-storage property today.
#CommercialRealEstate #SelfStorageRealEstate #SelfStorageForSale #SelfStorage #CRE

- @jeffgriceOC
- 3471 Via Lido, Newport Beach, CA
- 8 years ago
Just Sold for $13,800,000. Listed and Sold by Stephen Grossman. Glendale-70,000 sqft self-storage facility with over 700 units after conversion completion.
#remax #remaxcommercial #stephengrossman #remaxevolutioncommercial #cre #commercial #selfstorage #units