On average, listings lease in the $50's per square foot per year. The Laguna Beach submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Laguna Beach region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 3 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,400 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1976 and are Class B.