On average, listings lease in the $40's per square foot per year. The Belmont Heights submarket is going through a an increase 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 Belmont Heights region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have been listed, which means spaces might be leasing quickly. 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 890 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1964.
Professional services is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Belmont Heights folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.