On average, listings lease in the $20's per square foot per year. The East LA submarket is going through a decrease in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 39% decrease in rent.
In the last 90 days, 22 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 5% of the listings in the East LA are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,840 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1955 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the occupants of East LA work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.