The typical asking rate per listing is in the $40's per square foot per year. The Culver-West region is experiencing a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Culver-West submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have come on the market, which means spaces are probably going fast. 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.
Even though the median size is 2,600 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1950 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Culver-West work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.