Most listings are in the $30's per square foot per year. The Hollywood region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Gold Coast market, the Hollywood submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 41 listings have been listed, so you'll want to check back regularly for new listings. 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 1,680 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1979 and are Class B.