Most listings are in the $30's per square foot per year. The South Pasadena region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 8 listings have been posted online, which means new availabilities are probably 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,070 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1950 and are Class B.