The typical asking rate per listing is in the $50's per square foot per year. The Downtown Culver City submarket is going through a an increase in rates. In the last 3 months, the median rate rose $55 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Culver City submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About NaN% of the listings in the Downtown Culver City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,400 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 4 stories. Most buildings in this market were built in 2017.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Culver City residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.