South Pasadena Sublease

South Pasadena

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,700
As of: August 17, 2017

South Pasadena Rates

Most listings are in the $40's per square foot per year. The South Pasadena region is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 4% rise in rent.

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

South Pasadena Listing Supply

In the last 90 days, 3 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 167% of the available leases in the South Pasadena are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,700 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1950 and are Class B.

South Pasadena Community

Market Report

Trends and status of the commercial real estate market in South Pasadena.
Market Report

Market Data

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

South Pasadena Submarkets