On average, listings lease in the $30's per square foot per year. The Whizin's Row region is experiencing a an increase in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Whizin's Row region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means office 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 posted, so finding a space for a small business might be tough.
Even though the median size is 21,150 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1987 and are Class B.
Professional services is the dominant industry in this market. Most of the residents of Whizin's Row work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.