The typical asking rate per listing is in the $40's per square foot per year. The Singer Park region is going through a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 33% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Singer Park region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,320 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this market were built in 1967 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Singer Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.