On average, listings lease in the $20's per square foot per year. The Lakewood Mutual region is experiencing a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Lakewood Mutual submarket 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 come on the market, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1987 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 area. Commute by walking is the most popular way to get to work amongst Lakewood Mutual folk. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.