On average, listings lease in the $20's per square foot per year. The College region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the College submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,180 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst College occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.