Compared to the rest of the Metropolitan Los Angeles market, the Palma Village Groves region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
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 tour spaces as quick as possible. About 100% of the available space in the Palma Village Groves 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 350 sqft. Most buildings in this region are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Palma Village Groves residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.