On average, listings lease in the $60's per square foot per year. The East Hollywood region is going through a a rise in rates. In the last 3 months, the median rate rose $63 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the East Hollywood region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 0 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the East Hollywood 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1970 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst East Hollywood occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.