South Pasadena Retail

South Pasadena

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
670
As of: January 19, 2017

South Pasadena Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Pasadena submarket is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the South Pasadena region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

South Pasadena Listing Supply

In the last 90 days, 6 listings have come on the market, which means new availabilities 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.

The standard measurement for office space in this area is around 670 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1950 and are Class B.

South Pasadena Community

Market Report

Trends and status of the commercial real estate market in South Pasadena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Pasadena.
Research

South Pasadena Submarkets