Most listings are in the $30's per square foot per year. The Downtown Santa Ana submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Santa Ana submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 12 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available space in the Downtown Santa Ana 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 posted, so finding a space for a small business might be tough.
Even though the median size is 5,920 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1954 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Downtown Santa Ana residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.