Most listings are in the $0's per square foot per year. The North Central Hollywood region is going through a decline in rates. In the last 3 months, the median rate decreased $19 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,440 sqft. Most buildings in this market are around 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 market. Most of the occupants 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.