Most listings are in the $20's per square foot per year. The SAMLARC submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the SAMLARC submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 21 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 850 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 2002 and are Class A.
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 region. Commute by bike is the most popular way to get to work amongst SAMLARC residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.