Most listings are in the $30's per square foot per year. The Olde Torrance submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $36 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Olde Torrance region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 200% of the office spaces in the Olde Torrance 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,460 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Olde Torrance residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.