Westlake Office Space

Westlake

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,000
As of: March 12, 2017

Westlake Rates

The typical asking rate per listing is in the $30's per square foot per year. The Westlake region is going through a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Westlake Listing Supply

In the last 90 days, 6 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1960 and are Class B.

Westlake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Westlake occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Westlake.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westlake.
Research