On average, listings lease in the $20's per square foot per year. The Apartment Row submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $29 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Apartment Row region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been made available, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Apartment Row are subleases, so you might be able to snag a great spot on a short term. 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 660 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region 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 occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.