Most listings are in the $30's per square foot per year. The Hollywood Hills region is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Gold Coast market, the Hollywood Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 12 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the office spaces in the Hollywood Hills are subleases, so you might be able to find a shorter term or below market rent. 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 1,560 sqft. Most buildings in this market are around 5 stories. Most buildings in this region were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Hollywood Hills occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.