Most listings are in the $50's per square foot per year. The Central LA region is seeing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 17% increase in rent.
In the last 90 days, 405 listings have been made available, so you'll want to check back regularly for new listings. About 71% of the office spaces in the Central LA are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,490 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this area were built in 1956 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Central LA occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.