On average, listings lease in the $30's per square foot per year. The Westchester-Playa Del Rey submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 10% decrease in rent.
In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available space in the Westchester-Playa Del Rey are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,480 sqft. Most properties in this market are approximately 5 stories. Most buildings in this region were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Westchester-Playa Del Rey occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.