South Pasadena Retail

South Pasadena

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

South Pasadena Rates

Most listings are in the $30's per square foot per year. The South Pasadena region is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.

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

South Pasadena Listing Supply

In the last 90 days, 5 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1950 and are Class B.

South Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Most of the folk of South Pasadena work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

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.

South Pasadena Submarkets