Most listings are in the $40's per square foot per year. The Laguna Beach submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 16% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Laguna Beach region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,150 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1976 and are Class B.