The typical asking rate per listing is in the $20's per square foot per year. The Southeast Industrial District submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Southeast Industrial District region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 24 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the listings in the Southeast Industrial District are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,440 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Southeast Industrial District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.