Southeast Pasadena Sublease

Southeast Pasadena

Office Space Market Report

Number of Listings (last 90 days)
47
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
2,290
As of: March 12, 2017

Southeast Pasadena Rates

The typical asking rate per listing is in the $40's per square foot per year. The Southeast Pasadena submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% increase in rent.

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

Southeast Pasadena Listing Supply

In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available space in the Southeast Pasadena are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,290 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market 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 market. Commute by car is the most popular way to get to work amongst Southeast Pasadena folk. 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