Compared to the rest of the Metropolitan Los Angeles market, the Downtown Pasadena submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 39 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 13% of the listings in the Downtown Pasadena 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,850 sqft. Most buildings in this market are close to 3 stories. Most buildings in this region were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Pasadena occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.