Compared to the rest of the Metropolitan Los Angeles market, the South Lake submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 25 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available space in the South Lake are subleases, so you will probably have to consider a longer term lease. 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 2,670 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1961 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst South Lake 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.