On average, listings lease in the $50's per square foot per year. The Bayview submarket is going through a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 21% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Bayview submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 15 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,660 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1990 and are Class B.
A large portion of this market 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 around 30 minutes a day is the norm for those who opt to reside in this part of town.