On average, listings lease in the $30's per square foot per year. The Central Signal Hill submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 36% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Central Signal Hill submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1985 and are Class C.
Public administration is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Central Signal Hill folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.