Most listings are in the $30's per square foot per year. The East LA submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
In the last 90 days, 307 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the office spaces in the East LA are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 stories. Most buildings in this area were built in 1951 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the residents of East LA work from home. Commuting approximately 30 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 East LA.
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