The typical asking rate per listing is in the $30's per square foot per year. The Lamanda Park submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Lamanda Park region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 490 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1958 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Lamanda Park occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.