Most listings are in the $30's per square foot per year. The Raymond Hill region is experiencing a a rise in rates. In the last 3 months, the median rate increased $32 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Raymond Hill submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 9 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 6,400 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 4 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. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Raymond Hill residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.