On average, listings lease in the $40's per square foot per year. The Ladera Heights submarket is going through a an increase in rates. In the last 3 months, the median rate went up $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Ladera Heights submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 21 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,560 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this area were built in 1990 and are Class A.