On average, listings lease in the $10's per square foot per year. The Chandler Park region is seeing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 43% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Chandler Park submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have come on the market, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available space in the Chandler Park 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,420 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. 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 market. Commute by bike is the most popular way to get to work amongst Chandler Park folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.