Rancho Palos Verdes Office Space

Rancho Palos Verdes

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,420
As of: September 30, 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 submarket is going through a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 41% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Rancho Palos Verdes submarket 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 been made available, which means new listings most likley are leasing quickly. 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 2,420 sqft. Most properties in this area are close to 2 floors. Most buildings in this region were built in 1985 and are Class C.

Rancho Palos Verdes Community

Rancho Palos Verdes Submarkets