Most listings are in the $50's per square foot per year. The Mid-City West submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Mid-City West region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 49 listings have come on the market, so you'll want to check back regularly for new listings. About 63% of the available leases in the Mid-City West 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 2,550 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 3 floors. Most buildings in this area were built in 1961 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Mid-City West folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.