Compared to the rest of the Metropolitan Los Angeles market, the Monterey Park submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 71% of the office spaces in the Monterey 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1981 and are Class A.