On average, listings lease in the $10's per square foot per year. The Arundell submarket is going through a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Arundell submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been made available, which means listings might be 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 1,150 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Public administration is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Arundell residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.