The typical asking rate per listing is in the $10's per square foot per year. The Balboa region is seeing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 2 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,780 sqft. Most properties in this market are close to 2 floors. Most buildings in this area were built in 1986.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of Balboa work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.