Compared to the rest of the Metropolitan Los Angeles market, the Central City East submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 1 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the Central City East are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,000 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the residents of Central City East work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.