Most listings are in the $50's per square foot per year. The Mid-City West region is experiencing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Mid-City West region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 88% of the available leases in the Mid-City West 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1958 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Mid-City West occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.