The typical asking rate per listing is in the $20's per square foot per year. The South End submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $29 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the South End submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 700% of the available space in the South End are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, 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 buildings in this market are around 2 floors. Most buildings in this region were built in 1991 and are Class B.
A large portion of this area 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 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.