Most listings are in the $20's per square foot per year. The Historic Quarter region is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Historic Quarter region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 7 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 129% of the available space in the Historic Quarter are subleases, so you might be able to snag a great spot on a short term. 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 2,010 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Historic Quarter occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.