The typical asking rate per listing is in the $50's per square foot per year. The Lowtree submarket is going through a a rise in rates. In the last 3 months, the median rate went up $58 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Lowtree submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Lowtree 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 150 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1990 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 area. Most of the folk of Lowtree work from home. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.