Compared to the rest of the Metropolitan Los Angeles market, the Northwest District region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the Northwest District are subleases, so you might be able to find a shorter term or below market rent. 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 13,870 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1986 and are Class B.
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 walking is the most popular way to get to work amongst Northwest District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.