Compared to the rest of the Metropolitan Los Angeles market, the Apartment Row submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 5 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Apartment Row are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 660 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1971 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Apartment Row residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.