The typical asking rate per listing is in the $20's per square foot per year. The Whizin's Row region is seeing a decrease in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Whizin's Row region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been posted online, which means leases are probably going fast. 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 1,130 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1987 and are Class B.
Professional services is the dominant industry in this area. Most of the occupants of Whizin's Row work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.