On average, listings lease in the $20's per square foot per year. The East Los Angeles region is experiencing a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the East Los Angeles region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 150% of the available leases in the East Los Angeles 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this market were built in 1949 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst East Los Angeles residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.