Southwood Retail

Southwood

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
1,480
As of: December 8, 2016

Southwood Rates

Most listings are in the $50's per square foot per year. The Southwood region is seeing a a rise in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 18% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Southwood region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Southwood Listing Supply

In the last 90 days, 17 listings have been posted online, which means spaces 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 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 1,330 sqft. Most properties in this market are approximately 5 stories. Most buildings in this market were built in 1980 and are Class B.

Southwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Southwood folk. Commuting between 30 and 45 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 Southwood.
Market Report

Market Data

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