The typical asking rate per listing is in the $20's per square foot per year. The Southeast Industrial District region is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Southeast Industrial District region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 24 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the available leases in the Southeast Industrial District are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,440 sqft. Most buildings in this market are around 2 stories. Most buildings in this area were built in 1984 and are Class B.
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 public transit is the most popular way to get to work amongst Southeast Industrial District residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.