Compared to the rest of the Metropolitan Los Angeles market, the Lowtree region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 0 listings have been listed, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the listings 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 on the market, 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 area are approximately 2 stories. Most buildings in this region 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 residents of Lowtree work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.