On average, listings lease in the $10's per square foot per year. The Mid City region is seeing a a boost in rates. In the last 3 months, the median rate went up $16 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Mid City submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Mid City 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1946 and are Class B.
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 region. Commute by car is the most popular way to get to work amongst Mid City occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.