On average, listings lease in the $30's per square foot per year. The Chandler Park region is experiencing a an increase in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 56% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Chandler Park submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 4 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. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 30,710 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market 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 region. 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.