The typical asking rate per listing is in the $30's per square foot per year. The Downtown El Monte submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown El Monte region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 5,210 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Downtown El Monte work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.