Compared to the rest of the Metropolitan Los Angeles market, the Tropico submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Tropico 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,370 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1960 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Tropico occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.