Compared to the rest of the Metropolitan Los Angeles market, the Pico region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 20 listings have been made available, which means office spaces most likley are leasing quickly. 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.
Even though the median size is 10,480 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1981 and are Class C.
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 public transit is the most popular way to get to work amongst Pico folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.