Most listings are in the $70's per square foot per year. The Beverly Hills region is going through a decline in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Beverly Hills 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, 68 listings have been posted online, so you'll want to check back regularly for new listings. About 65% of the listings in the Beverly Hills 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,640 sqft. Most buildings in this market are around 4 stories. Most buildings in this market 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 approximately 30 minutes a day is the norm for those who opt to reside in this part of town.