Lamanda Park Commercial Real Estate

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2667 E Colorado Blvd - Space Lamanda Park, Pasadena, CA  
Jul 14
1,070
sqft
Industrial

Lamanda Park

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,540

Lamanda Park Rates

On average, listings lease in the $30's per square foot per year. The Lamanda Park region is experiencing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 48% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Lamanda Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Lamanda Park Listing Supply

In the last 90 days, 63 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the Lamanda Park 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1971 and are Class B.

Lamanda Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Lamanda Park residents. Commuting more than an hour and a half 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 Lamanda Park.
Research