On average, listings lease in the $30's per square foot per year. The Los Ranchitos region is experiencing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Los Ranchitos region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 4 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Los Ranchitos 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 5,190 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 2015 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Los Ranchitos folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.