On average, listings lease in the $20's per square foot per year. The North Central Hollywood submarket is going through a a rise in rates. In the last 3 months, the median rate rose $21 per sqft per year.
In the last 90 days, 1 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the available leases in the North Central Hollywood 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 450 sqft. Most buildings in this area are close to 1 stories. Most buildings in this region were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the residents of North Central Hollywood work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.