Most listings are in the $40's per square foot per year. The South Pasadena submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 38% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been made available, which means spaces 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 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 530 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1950 and are Class B.