Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available leases 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 posted, 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 market are approximately 2 stories. 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 folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.