Lucerne-Higuera Office Space

Lucerne-Higuera

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
4,150
As of: January 17, 2017

Lucerne-Higuera Rates

Compared to the rest of the Metropolitan Los Angeles market, the Lucerne-Higuera region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Lucerne-Higuera Listing Supply

In the last 90 days, 9 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Lucerne-Higuera 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 4,150 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 1969 and are Class B.

Lucerne-Higuera Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Lucerne-Higuera occupants. Commuting close to 10 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 Lucerne-Higuera.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lucerne-Higuera.
Research