On average, listings lease in the $20's per square foot per year. The Westchester-Playa Del Rey submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 72 listings have been made available, so you'll want to check back regularly for new listings. About 58% of the listings in the Westchester-Playa Del Rey 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 1,700 sqft. Most properties in this area are close to 5 stories. Most buildings in this market were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Westchester-Playa Del Rey folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.