Compared to the rest of the Silicon Valley market, the Los Gatos submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 9 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 56% of the listings in the Los Gatos 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 850 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1982 and are Class B.