The typical asking rate per listing is in the $20's per square foot per year. The Lowtree submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 35% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Lowtree submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been made available, which means new listings 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1990 and are Class A.
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 area. Most of the occupants of Lowtree work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.