Most listings are in the $20's per square foot per year. The Eastside submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastside region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have come on the market, which means new listings 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,430 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 2005 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Eastside residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.