On average, listings lease in the $60's per square foot per year. The East Hollywood region is experiencing a a boost in rates. In the last 3 months, the median rate rose $63 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the East Hollywood region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the East Hollywood 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 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 1,800 sqft. Most properties in this region are approximately 3 stories. Most buildings in this region were built in 1970 and are Class C.
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 motorcycle is the most popular way to get to work amongst East Hollywood residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.