Compared to the rest of the Metropolitan Los Angeles market, the Media Center submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 67% of the available leases in the Media Center 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,950 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 6 floors. Most buildings in this region were built in 1985 and are Class A.
This region is fairly equally mixed residential and commercial. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Media Center residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.