Compared to the rest of the Metropolitan Los Angeles market, the Sunset Park submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 24 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 29% of the available leases in the Sunset Park 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 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 1,610 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the occupants of Sunset Park work from home. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.