The typical asking rate per listing is in the $30's per square foot per year. The Eastside Manhattan Beach submarket is going through a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastside Manhattan Beach submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available space in the Eastside Manhattan Beach are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,540 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 20 stories. Most buildings in this market were built in 1987 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Eastside Manhattan Beach residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.