The typical asking rate per listing is in the $10's per square foot per year. The Chandler Park region is seeing a decline in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 43% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Chandler Park submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 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. About 33% of the listings in the Chandler Park are subleases, so you might be able to snag a great spot on a short term. 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 3,420 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1978 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Chandler Park residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.