Most listings are in the $30's per square foot per year. The Oak View submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 22% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Oak View region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 23 listings have been made available, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Oak View 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.
The standard measurement for office space in this area is around 2,140 sqft. Most properties in this market are close to 15 floors. Most buildings in this area were built in 1990 and are Class B.
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 region. Most of the residents of Oak View work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.