Compared to the rest of the Metropolitan Los Angeles market, the Platinum Triangle submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases in the Platinum Triangle 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,890 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this market were built in 1986 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Platinum Triangle occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.