Far East Pasadena Retail

Far East Pasadena

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
4,960
As of: February 26, 2017

Far East Pasadena Rates

On average, listings lease in the $60's per square foot per year. The Far East Pasadena region is going through a a boost in rates. In the last 3 months, the median rate went up $30 per sqft per year. That's a 76% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Far East Pasadena region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Far East Pasadena Listing Supply

In the last 90 days, 2 listings have been listed, which means office spaces might be 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 4,960 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1966 and are Class B.

Far East Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Far East Pasadena folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Far East Pasadena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Far East Pasadena.
Research