Most listings are in the $40's per square foot per year. The Bayview region is experiencing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Bayview region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the Bayview 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 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1990 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Most of the occupants of Bayview work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.