On average, listings lease in the $30's per square foot per year. The Westlake Village submarket is going through a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 105 listings have been made available, so you'll want to check back regularly for new listings. About 18% of the available leases in the Westlake Village are subleases, so you might be able to snag a great spot on a short term. 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 5,590 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1989 and are Class A.