Most listings are in the $40's per square foot per year. The Central LA region is going through a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 9% increase in rent.
In the last 90 days, 453 listings have been listed, so you'll want to check back regularly for new listings. About 7% of the available space in the Central LA are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,990 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1957 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central LA folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.