Far East Pasadena Sublease

Far East Pasadena

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
250
As of: February 18, 2017

Far East Pasadena Rates

The typical asking rate per listing is in the $60's per square foot per year. The Far East Pasadena submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year. That's a 76% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Far East Pasadena region has higher rates, and you'll need to make a great offer to be in this hot region.

Far East Pasadena Listing Supply

In the last 90 days, 1 listings have come on the market, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 250 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1966 and are Class B.

Far East Pasadena Community

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 motorcycle is the most popular way to get to work amongst Far East Pasadena folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Far East Pasadena.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Far East Pasadena.
Research