The typical asking rate per listing is in the $60's per square foot per year. The West Hollywood submarket is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the West Hollywood region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 34 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the West Hollywood are subleases, so you will probably have to consider a longer term lease. 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 2,250 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1955 and are Class A.