On average, listings lease in the $0's per square foot per year. The Downtown Culver City submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $53 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,140 sqft. Most properties in this market are around 4 stories. Most buildings in this region were built in 2017.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Downtown Culver City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.