Olde Torrance Office Space

Olde Torrance

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
1,600
As of: March 12, 2017

Olde Torrance Rates

Most listings are in the $30's per square foot per year. The Olde Torrance submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Olde Torrance region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Olde Torrance Listing Supply

In the last 90 days, 4 listings have been posted online, which means new listings might be going fast. 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 1,600 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1985 and are Class A.

Olde Torrance Community

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 region. Commute by car is the most popular way to get to work amongst Olde Torrance occupants. Commuting between 20 and 25 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 Olde Torrance.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Olde Torrance.
Research