Old Pasadena Sublease

Old Pasadena

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
120
As of: August 21, 2017

Old Pasadena Rates

Most listings are in the $40's per square foot per year. The Old Pasadena region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Old Pasadena submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Old Pasadena Listing Supply

In the last 90 days, 13 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 120 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1913 and are Class C.

Old Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Old Pasadena occupants. Commuting around 15 minutes 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 Old Pasadena.
Market Report

Market Data

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