Most listings are in the $30's per square foot per year. The Costa Mesa submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Costa Mesa region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. 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 3,360 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1982 and are Class A.