The typical asking rate per listing is in the $40's per square foot per year. The Belmont Heights region is going through a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Belmont Heights region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means listings might be 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 890 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1964.
Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Belmont Heights occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.