On average, listings lease in the $40's per square foot per year. The Ladera Heights submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year. That's a 83% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Ladera Heights region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 12 listings have been listed, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Ladera Heights are subleases, so you will probably have to focus your search on direct office leases. 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 3,140 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this area were built in 1989 and are Class A.