Most listings are in the $20's per square foot per year. The South End submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South End submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 700% of the office spaces in the South End 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.
The standard measurement for office space in this area is around 2,180 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1991 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst South End folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.