On average, listings lease in the $30's per square foot per year. The Alicia Gateway submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Alicia Gateway region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 4,220 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1979 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this region. Most of the folk of Alicia Gateway work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.