Most listings are in the $30's per square foot per year. The Westlake South region is going through a an increase in rates. In the last 3 months, the median rate increased $31 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Westlake South region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been posted online, which means new availabilities are probably 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.
Even though the median size is 12,150 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 10 stories. Most buildings in this market were built in 1925 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Westlake South folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.