Most listings are in the $60's per square foot per year. The West Hollywood region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the West Hollywood region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 16 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 88% of the office spaces in the West 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.
Even though the median size is 2,950 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1957 and are Class A.