Culver City, CA Commercial Real Estate Market Overview
Teeming with movie-making history, Culver City is an enclave nestled between West, South and Central L.A., while also neighboring the cities of Inglewood and Beverly Hills. It feels like business in Culver City has always been booming — within 30 years of it being founded and incorporated in the early 1900s, the city was already home to major motion picture studios (Metro-Goldwyn-Mayer, now occupied by Sony Pictures). Plus, it’s also where Howard Hughes’ aircraft company built the famous “Spruce Goose” H-4 Hercules transport craft, and is home to one of Southern California’s first shopping malls — the Culver Center.
Following a successful revitalization program in the 1990s, the city drew in fine dining and fine art galleries, as well as an increasingly diverse creative scene. The local economy now includes activity in a wide variety of industries, such as professional, scientific and technical services; finance and insurance; publishing, motion picture and sound recording industries; and more.