The typical asking rate per listing is in the $30's per square foot per year. The Oak View submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $40 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Oak View region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 7 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,450 sqft. Most buildings in this region are approximately 14 stories. Most buildings in this region were built in 1985 and are Class A.
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 area. Most of the residents of Oak View work from home. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.