On average, listings lease in the $30's per square foot per year. The Chandler Park submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Chandler Park submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Chandler Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 970 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Chandler Park residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.