Lucerne-Higuera Industrial

Lucerne-Higuera

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
6,870
As of: December 3, 2016

Lucerne-Higuera Rates

Compared to the rest of the Metropolitan Los Angeles market, the Lucerne-Higuera submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Lucerne-Higuera Listing Supply

In the last 90 days, 4 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Lucerne-Higuera are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 1 floors. Most buildings in this area were built in 1977 and are Class B.

Lucerne-Higuera Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Lucerne-Higuera occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lucerne-Higuera.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lucerne-Higuera.
Research