Compared to the rest of the Metropolitan Los Angeles market, the Rancho Palos Verdes submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 22 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 9% of the available leases in the Rancho Palos Verdes are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,200 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1985 and are Class C.
Real time and historical data on commercial real estate listings in Rancho Palos Verdes.
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