The typical asking rate per listing is in the $30's per square foot per year. The Downtown Santa Ana submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 24% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Santa Ana region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 20% of the office spaces in the Downtown Santa Ana are subleases, so you might be able to snag a great spot on a short term. 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 1,500 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1949 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 market. 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.