Compared to the rest of the Metropolitan Los Angeles market, the Grant Park region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 26 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 77% of the listings in the Grant Park 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,700 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1967 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Grant Park occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.