Culver City Office Space

Culver City

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
2,140
As of: September 25, 2016

Culver City Office & Commercial Space

Located in the western region of Los Angeles County in the state of California, the city of Culver City features a residential population of nearly 38,000 inhabitants. Widely considered to be one of the state’s most important centers for film and motion picture production, Culver City attracts a significant amount of interest on both a national and international level. Business owners seeking rental properties for lease in Culver City, including office space for rent and commercial space for rent, may find that the various available locations situated throughout the neighborhood zones of this particular community are more than capable of serving as an excellent foundation for future growth and development.

Culver City Economic Overview

According to recent studies, the median household income level in Culver City is approximately $72,000, markedly higher than state averages. As stated previously, the film and television industry contributes greatly to the economic framework of Culver City. Popular occupations for residents in this town include positions in a variety of industries, ranging from the professional, scientific and technical services to retail trade, manufacturing and hospitality. Nearly 7.1% of the local population here currently lives below the poverty line. That being said, unemployment levels in Culver City remain consistently below state averages.

Culver City At A Glance

Culver City was first incorporated into the state of California in 1917, an effort that was spearheaded by Harry Culver. In 1918, the first silent film studio was established in the city by Thomas Ince, followed by Hal Roach and, later, Metro Goldwyn Mayer. To this day, Culver City remains an important destination for film producers. The city also gained renown when it hosted one of Hughes Aircraft’s manufacturing plants. Demographically, Culver City is predominantly Caucasian, although substantial numbers of additional ethnic groups, including Asians and African Americans, can also be found here. Notable attractions here include the Kirk Douglas Theatre and the Wende Museum.

Where to Lease in Culver City

Those seeking attractive properties for lease in Culver City are well advised to research available listings in the downtown region of this city, as the vast majority of consumer traffic passes through here. That being said, the relatively small size of Culver City helps to ensure that businesses situated in any one of the local neighborhoods have similar levels of visibility and exposure.