West Pasadena Retail

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West Pasadena

Office Space Market Report

Number of Listings (last 90 days)
82
Median Rate ($/sqft/yr)
$47
Median Size (sqft)
1,640
As of: August 17, 2017

West Pasadena Rates

On average, listings lease in the $40's per square foot per year. The West Pasadena submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the West Pasadena submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

West Pasadena Listing Supply

In the last 90 days, 4 listings have come on the market, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 450% of the available leases in the West Pasadena 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,640 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1967 and are Class A.

West Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst West Pasadena folk. Commuting approximately 15 minutes 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 West Pasadena.
Market Report

Market Data

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