Compared to the rest of the Metropolitan Los Angeles market, the Sunset Park submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 7 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the office spaces in the Sunset Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,060 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area 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 area. Most of the folk of Sunset Park work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.