The typical asking rate per listing is in the $10's per square foot per year. The SoBeCa region is seeing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the SoBeCa region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been made available, which means new availabilities 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 available, 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 buildings in this area are close to 3 floors. Most buildings in this market were built in 1980 and are Class B.
Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst SoBeCa occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.