Hollywood Studio District Industrial

Hollywood Studio District

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$78
Median Size (sqft)
5,900
As of: December 8, 2016

Hollywood Studio District Rates

The typical asking rate per listing is in the $70's per square foot per year. The Hollywood Studio District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $21 per sqft per year. That's a 36% increase in rent.

Hollywood Studio District Listing Supply

In the last 90 days, 4 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Hollywood Studio District are subleases, so you might be able to find a shorter term or below market rent. 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 5,900 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 6 floors. Most buildings in this region were built in 1937 and are Class B.

Hollywood Studio District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Hollywood Studio District 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 Hollywood Studio District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Hollywood Studio District.
Research