Most listings are in the $50's per square foot per year. The Westside submarket is going through a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 29 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 86% of the available leases in the Westside are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 6,440 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 5 floors. Most buildings in this area 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 market. Commute by public transit is the most popular way to get to work amongst Westside occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.