Compared to the rest of the Metropolitan Los Angeles market, the Northwood submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have come on the market, which means office spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,480 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 2007 and are Class A.
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 region. Commute by motorcycle is the most popular way to get to work amongst Northwood residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.