Most listings are in the $30's per square foot per year. The Hollywood region is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 14% decrease in rent.
Compared to the rest of the Gold Coast market, the Hollywood submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 52 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Hollywood are subleases, so you will probably have to focus your search on direct office leases. 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 1,440 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1979 and are Class B.