Lucerne-Higuera Retail

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Lucerne-Higuera

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
4,820
As of: July 19, 2017

Lucerne-Higuera Rates

Compared to the rest of the Metropolitan Los Angeles market, the Lucerne-Higuera submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Lucerne-Higuera Listing Supply

In the last 90 days, 11 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 27% of the available space in the Lucerne-Higuera 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 available, so finding a space for a small business might be tough.

Even though the median size is 4,820 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 1 stories. Most buildings in this area were built in 1977 and are Class B.

Lucerne-Higuera Community

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. Commute by public transit is the most popular way to get to work amongst Lucerne-Higuera folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lucerne-Higuera.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lucerne-Higuera.
Research