On average, listings lease in the $40's per square foot per year. The South Pasadena region is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% 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 pay a premium to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the available space in the South Pasadena 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,700 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1950 and are Class B.
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 market. Most of the residents 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.