On average, listings lease in the $30's per square foot per year. The Raymond Hill submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Raymond Hill region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 6,400 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Raymond Hill folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.