On average, listings lease in the $50's per square foot per year. The Eastside Costa Mesa region is seeing a a rise in rates. In the last 3 months, the median rate rose $59 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Eastside Costa Mesa region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 2 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the listings in the Eastside Costa Mesa 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.
The standard measurement for office space in this area is around 2,450 sqft. Most buildings in this region are approximately 4 floors. Most buildings in this market were built in 1987 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Eastside Costa Mesa occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.