Compared to the rest of the Metropolitan Los Angeles market, the Northwest District region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 23 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 9% of the available leases in the Northwest District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northwest District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Northwest District.
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