Most listings are in the $30's per square foot per year. The Westlake Village submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 32% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 12 listings have been listed, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 12,860 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 3 floors. Most buildings in this market were built in 1989 and are Class A.