Most listings are in the $50's per square foot per year. The Hermosa Beach region is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Hermosa Beach region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,040 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1982 and are Class A.