Most listings are in the $60's per square foot per year. The Hermosa Beach submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $60 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Hermosa Beach submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 16 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 56% of the available space in the Hermosa Beach are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 760 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1988 and are Class A.