West Pasadena Sublease

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West Pasadena

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
2,240
As of: June 27, 2017

West Pasadena Rates

Most listings are in the $40's per square foot per year. The West Pasadena submarket is going through a a rise in rates. In the last 3 months, the median rate rose $45 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the West Pasadena submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

West Pasadena Listing Supply

In the last 90 days, 4 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 75% of the listings in the West 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this market are approximately 1 stories. Most buildings in this area were built in 1967 and are Class A.

West Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst West Pasadena residents. Commuting close to 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 West Pasadena.
Market Report

Market Data

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