On average, listings lease in the $30's per square foot per year. The Bayview submarket is experiencing a a rise 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 Bayview submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Bayview 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,770 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1990 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Most of the occupants of Bayview work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.