Compared to the rest of the Metropolitan Los Angeles market, the North Redondo Beach submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 1 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 300% of the available space in the North Redondo 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 posted, so finding a space for a small business might be tough.
Even though the median size is 41,270 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst North Redondo Beach occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.