On average, listings lease in the $20's per square foot per year. The Central Signal Hill region is seeing a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Central Signal Hill submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. 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 1,340 sqft. Most properties in this area are approximately 1 stories. Most buildings in this market were built in 1979 and are Class C.
Public administration is the dominant industry in this market. 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.