Compared to the rest of the Metropolitan Los Angeles market, the Media Center region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 30 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the office spaces in the Media Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 18,690 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 6 stories. Most buildings in this area were built in 1985 and are Class A.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Media Center folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.