Most listings are in the $10's per square foot per year. The SoBeCa submarket is going through a an increase in rates. In the last 3 months, the median rate went up $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the SoBeCa submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 6 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,130 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1980 and are Class B.
Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst SoBeCa residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.