The typical asking rate per listing is in the $90's per square foot per year. The Beverly Hills submarket is going through a an increase in rates. In the last 3 months, the median rate rose $12 per sqft per year. That's a 15% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Beverly Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 68 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Beverly Hills 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 4 stories. Most buildings in this region were built in 1964 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Beverly Hills occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.