On average, listings lease in the $70's per square foot per year. The Hollywood Studio District submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $78 per sqft per year.
In the last 90 days, 8 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 75% of the available leases in the Hollywood Studio District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 300,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 6 stories. Most buildings in this area were built in 1937 and are Class B.
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 area. 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.