Most listings are in the $30's per square foot per year. The Raymond Hill region is going through a an increase in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 20% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Raymond Hill submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 2 listings have come on the market, which means new listings 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,790 sqft. Most properties in this market are around 4 floors. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Raymond Hill residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.