Most listings are in the $50's per square foot per year. The Westside region is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 11% decrease in rent.
In the last 90 days, 29 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Westside are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,090 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this market were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Westside folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.