On average, listings lease in the $50's per square foot per year. The South Coast Metro submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $51 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the South Coast Metro region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have come on the market, which means office spaces most likley are leasing quickly. 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.
Even though the median size is 3,220 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 12 stories. Most buildings in this area were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst South Coast Metro occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.