Southeast Pasadena Sublease

Southeast Pasadena

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
1,650
As of: July 25, 2017

Southeast Pasadena Rates

On average, listings lease in the $30's per square foot per year. The Southeast Pasadena region is seeing a decrease in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 32% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Southeast Pasadena submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Southeast Pasadena Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 83% of the listings in the Southeast Pasadena are subleases, so you might be able to find a shorter term or below market rent. 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 2,260 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1967 and are Class B.

Southeast Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Southeast Pasadena residents. Commuting around 30 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 Southeast Pasadena.
Market Report

Market Data

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