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 submarket.
In the last 90 days, 16 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 44% of the office spaces in the Hermosa Beach are subleases, so you might be able to snag a great spot on a short term. 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 980 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Hermosa Beach residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.