Hermosa Beach Commercial Real Estate

Hermosa Beach

Market Report

Number of Listings
Posted in the last 90 days
12
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
970

Hermosa Beach Rates

On average, listings lease in the $60's per square foot per year. The Hermosa Beach submarket is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Hermosa Beach submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Hermosa Beach Listing Supply

In the last 90 days, 67 listings have come on the market, so you'll want to check back regularly for new listings. About 18% of the office spaces in the Hermosa Beach are subleases, so you might be able to find a shorter term or below market rent. 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 970 sqft. Most buildings in this area are around 3 floors. Most buildings in this market were built in 1988 and are Class A.

Hermosa Beach Community

Market Data

Real time and historical data on commercial real estate listings in Hermosa Beach.
Research