On average, listings lease in the $20's per square foot per year. The North Central Hollywood region 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 been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available leases in the North Central Hollywood are subleases, so you might be able to sign a shorter term by taking over a previous 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 450 sqft. Most properties in this market are close to 1 floors. Most buildings in this area 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.