Altadena Office Space

Altadena

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
33,990
As of: June 24, 2017

Altadena Rates

On average, listings lease in the $30's per square foot per year. The Altadena region is seeing a a rise in rates. In the last 3 months, the median rate rose $31 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Altadena submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Altadena Listing Supply

In the last 90 days, 2 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 150% of the listings in the Altadena are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 33,990 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 floors. Most buildings in this market were built in 1946 and are Class A.

Altadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Altadena folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Altadena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Altadena.
Research

Altadena Submarkets