Most listings are in the $30's per square foot per year. The Bixby Knolls region is seeing a a rise in rates. In the last 3 months, the median rate went up $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 submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have been listed, which means new listings most likley are 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this region 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 region. 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.