The typical asking rate per listing is in the $30's per square foot per year. The South Pasadena 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 5% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 8 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,070 sqft. Most properties in this market are close to 2 floors. Most buildings in this region were built in 1950 and are Class B.