Most listings are in the $0's per square foot per year. The Los Olivos region is going through a decrease in rates. In the last 3 months, the median rate fell $26 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Los Olivos are subleases, so you will probably have to consider a longer term 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 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 1984 and are Class B.