Most listings are in the $30's per square foot per year. The Bixby Knolls region is going through a a rise in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Bixby Knolls region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 810 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1983 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Bixby Knolls occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.