Most listings are in the $50's per square foot per year. The South Coast Metro submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South Coast Metro region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 28 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 4% of the listings in the South Coast Metro are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,140 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 12 stories. Most buildings in this region were built in 1984 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst South Coast Metro folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.