The typical asking rate per listing is in the $20's per square foot per year. The College region is experiencing a a boost in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the College submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been made available, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,560 sqft, there are still 0 new listings below 2,000 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst College folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.