Most listings are in the $30's per square foot per year. The Oak View submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Oak View submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 23 listings have been made available, which means leases might be leasing quickly. 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 1,630 sqft. Most properties in this area are approximately 15 floors. Most buildings in this market were built in 1990 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the folk of Oak View work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.