On average, listings lease in the $30's per square foot per year. The Santa Ana region is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Santa Ana submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 71% of the available space in the 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1980 and are Class B.