The typical asking rate per listing is in the $50's per square foot per year. The Washington Culver region is experiencing a an increase in rates. In the last 3 months, the median rate increased $55 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Washington Culver region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Washington Culver 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 16,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 2017.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Washington Culver folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.