On average, listings lease in the $60's per square foot per year. The Glassell Park region is experiencing a a rise in rates. In the last 3 months, the median rate rose $65 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Glassell Park region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 10 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 210 sqft. Most buildings in this region were built in 1971 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Glassell Park residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.