The typical asking rate per listing is in the $30's per square foot per year. The South Pasadena submarket is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. 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 approximately 2 floors. Most buildings in this region were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Most of the residents of South Pasadena work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.