Westlake Retail

Westlake

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
9,100
As of: July 22, 2017

Westlake Rates

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

Westlake Listing Supply

In the last 90 days, 6 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Westlake 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 9,100 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this market 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 area. Commute by car is the most popular way to get to work amongst Westlake folk. Commuting around 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