Most listings are in the $30's per square foot per year. The Eastside submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastside submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Eastside 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 6,250 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Eastside residents. Commuting around 15 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 Eastside.
Get email notifications when new listings are posted that match your requirements.