On average, listings lease in the $70's per square foot per year. The Corona del Mar submarket is going through a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year. That's a 66% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Corona del Mar submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 1 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Corona del Mar 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 1,900 sqft. Most buildings in this market 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. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Corona del Mar folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.