Compared to the rest of the Metropolitan Los Angeles market, the Sunset Park submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have come on the market, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available leases in the Sunset 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,060 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the residents of Sunset Park work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.