The typical asking rate per listing is in the $60's per square foot per year. The Eastern Malibu submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $67 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 19 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 970 sqft. Most buildings in this area are around 2 floors. Most buildings in this region 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 region. Commute by car is the most popular way to get to work amongst Eastern Malibu folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.