The typical asking rate per listing is in the $40's per square foot per year. The Ladera Heights submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Ladera Heights submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 21 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,560 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 4 stories. Most buildings in this region were built in 1990 and are Class A.