Compared to the rest of the Metropolitan Los Angeles market, the Lakewood Mutual submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 36 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 3% of the available space in the Lakewood Mutual are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 740 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Lakewood Mutual residents. Commuting close to 20 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 Lakewood Mutual.
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