The typical asking rate per listing is in the $30's per square foot per year. The Bayview submarket is going through a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Bayview submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Bayview are subleases, so you might be able to find a shorter term or below market rent. 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 2,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1990 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Most of the folk of Bayview work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.