Most listings are in the $30's per square foot per year. The Northeast Pasadena region is going through a a rise in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 30% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Northeast Pasadena region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the available leases in the Northeast Pasadena are subleases, so you might be able to snag a great spot on a short term. 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 22,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1981 and are Class B.
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 Northeast Pasadena occupants. Commuting between 30 and 45 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 Northeast Pasadena.
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