The typical asking rate per listing is in the $30's per square foot per year. The South End region is seeing a decline in rates. In the last 3 months, the median rate decreased $21 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the South End region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,510 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1991 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst South End occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.