The typical asking rate per listing is in the $30's per square foot per year. The South Pasadena region is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease 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 pay a premium to be in this hot region.
In the last 90 days, 6 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 670 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1950 and are Class B.