The typical asking rate per listing is in the $20's per square foot per year. The Civic Center region is experiencing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 50% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Civic Center submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have been made available, which means listings are probably leasing quickly. 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 11,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Most of the folk of Civic Center work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.