Most listings are in the $30's per square foot per year. The Olde Torrance submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Olde Torrance submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,720 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this market were built in 1985 and are Class A.
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.