The typical asking rate per listing is in the $30's per square foot per year. The Eastland region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastland region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 50 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Eastland are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 13 stories. Most buildings in this market were built in 1987 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Eastland occupants. Commuting close to an hour 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 Eastland.
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