The typical asking rate per listing is in the $10's per square foot per year. The Venice submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 32% decline in rent.
In the last 90 days, 4 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the available leases in the Venice 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 18,490 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 1 floors. Most buildings in this area were built in 1960 and are Class B.