Compared to the rest of the Metropolitan Los Angeles market, the Southwood submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 13 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,480 sqft. Most properties in this region are close to 5 floors. Most buildings in this market 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. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southwood residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.