Most listings are in the $30's per square foot per year. The Monterey Park submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 41% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Monterey Park submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have come on the market, which means spaces most likley are 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 available, so finding a space for a small business might be tough.
Even though the median size is 18,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1982 and are Class A.