South Pasadena Sublease

South Pasadena

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,700
As of: June 24, 2017

South Pasadena Rates

On average, listings lease in the $30's per square foot per year. The South Pasadena submarket is going through a a boost in rates. In the last 3 months, the median rate rose $39 per sqft per year.

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

South Pasadena Listing Supply

In the last 90 days, 3 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 233% of the listings 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 posted, 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 region are around 2 floors. 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