Most listings are in the $50's per square foot per year. The Studio City submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $13 per sqft per year. That's a 27% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Studio City region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 6 listings have been made available, which means new availabilities 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,510 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1978 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Studio City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.