On average, listings lease in the $30's per square foot per year. The Downtown Santa Ana region is going through a a rise 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 more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 12 listings have come on the market, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Downtown Santa Ana are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, 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 availabilities below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region 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 region. Commute by bike is the most popular way to get to work amongst Downtown Santa Ana folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.