Hermosa Beach Sublease

Hermosa Beach

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$60
Median Size (sqft)
1,150
As of: May 25, 2017

Hermosa Beach Rates

Most listings are in the $50's per square foot per year. The Hermosa Beach submarket is going through a a boost in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Hermosa Beach submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Hermosa Beach Listing Supply

In the last 90 days, 16 listings have been made available, which means spaces 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 1,150 sqft. Most buildings in this market are close to 2 stories. Most buildings in this area were built in 1985 and are Class A.

Hermosa Beach Community

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 region. 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.

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Hermosa Beach.
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Hermosa Beach Submarkets