Commercial Real Estate Market in La Palma, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
4 active listings and 122 off-market properties in La Palma, CA.
Market Trends
La Palma, CA spans 1.8 square miles in Orange County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in La Palma, CA asks $321/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in La Palma, CA asks $1,114/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in La Palma, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in La Palma, CA asks $212/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
La Palma, CA has 15,906 residents in 5,191 households. Density runs 8,768 people per square mile. Median household income here is $112,366 and median gross rent $2,224 a month.
15,906
Population
5,191
Households
3.1
Avg Household Size
44
Median Age
49%
College-Educated
94%
High-School Grad
1.8 sq mi
ZIP Area
8,768
Density / Sq Mi
$112,366
Median Household Income
$59,061
Median Earnings
$2,224
Median Rent
$920,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Buena Park | $328 (county avg) | $15.34 |
| Cypress | $328 (county avg) | — |
| Cerritos | $363 (county avg) | — |
Commercial property in La Palma, CA asks $328/SF. The 3 bordering markets run from $328/SF in Buena Park to $363/SF in Cerritos, and the city sits in line with their $328/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in La Palma?
Commercial property in La Palma, CA asks an average of $328 per square foot. The 5 most recent recorded sales traded at a median of $330/SF. Retail carries the highest asking price at $1,114/SF.
How does La Palma compare to nearby markets on price?
La Palma, CA asks $328/SF against $328/SF in Buena Park, $328/SF in Cypress and $363/SF in Cerritos.
Where does Realmo's La Palma market data come from?
Realmo compiles La Palma, CA figures from 6 recent recorded sales, 2 active sale listings, 2 active lease listings, 122 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 2 active for-lease listings in La Palma, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
