Rancho Palos Verdes Industrial

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Rancho Palos Verdes

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Rancho Palos Verdes Rates

The typical asking rate per listing is in the $30's per square foot per year. The Rancho Palos Verdes region is seeing a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 41% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Rancho Palos Verdes region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Rancho Palos Verdes Listing Supply

In the last 90 days, 2 listings have come on the market, 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 2,420 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1985 and are Class B.

Rancho Palos Verdes Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Rancho Palos Verdes occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Rancho Palos Verdes.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Rancho Palos Verdes.

Rancho Palos Verdes Submarkets