Most listings are in the $30's per square foot per year. The Los Ranchitos region is seeing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Los Ranchitos submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 10% of the listings in the Los Ranchitos 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,960 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 2015 and are Class A.
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 region. Commute by car is the most popular way to get to work amongst Los Ranchitos folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.