Lucerne-Higuera Office Space

Lucerne-Higuera

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
4,210

Compared to the rest of the Metropolitan Los Angeles market, the Lucerne-Higuera submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.

Lucerne-Higuera Listing Supply

In the last 90 days, 35 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Lucerne-Higuera 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 4,210 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this region were built in 1977 and are Class B.

Lucerne-Higuera Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Lucerne-Higuera folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Lucerne-Higuera.
Research