The typical asking rate per listing is in the $10's per square foot per year. The Civic Center region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Civic Center region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 56 listings have been listed, so you'll want to check back regularly for new listings. 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 580 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1981 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 market. Most of the folk of Civic Center work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.