Most listings are in the $50's per square foot per year. The Eastern Malibu region is seeing a decrease in rates. In the last 3 months, the median rate fell $30 per sqft per year. That's a 36% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been listed, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the listings in the Eastern Malibu 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.
The standard measurement for office space in this area is around 600 sqft. Most properties in this area are around 2 floors. Most buildings in this area were built in 1980 and are Class B.
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 market. Commute by car is the most popular way to get to work amongst Eastern Malibu residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.