Compared to the rest of the Metropolitan Los Angeles market, the Bel Air region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Bel Air are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 43,400 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 2012 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Most of the occupants of Bel Air work from home. 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 Bel Air.
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