On average, listings lease in the $0's per square foot per year. The Hollywood submarket is seeing a decline in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 1 listings have been made available, which means listings are probably going fast. 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.
The standard measurement for office space in this area is around sqft. Most buildings in this region were built in 1989.
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 market. Commute by car is the most popular way to get to work amongst Hollywood occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.