The typical asking rate per listing is in the $20's per square foot per year. The Laguna Beach region is experiencing a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 37% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Laguna Beach submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have come on the market, which means office spaces are probably 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1976 and are Class A.