South Redondo Beach Office Space

South Redondo Beach

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,470
As of: December 7, 2016

South Redondo Beach Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Redondo Beach region is experiencing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the South Redondo Beach region has higher rates, and you'll need to make a great offer to be in this hot region.

South Redondo Beach Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,470 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 1984 and are Class B.

South Redondo Beach Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst South Redondo Beach residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Redondo Beach.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Redondo Beach.
Research

Redondo Beach Submarkets