The typical asking rate per listing is in the $40's per square foot per year. The Ladera Heights submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Ladera Heights region 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 been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,560 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 4 stories. Most buildings in this market were built in 1990 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Ladera Heights occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.