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Culver City Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $44.89 2024 Avg. Asking Rent
  • 28.32% 2024 Office Vacancy Rate

Culver City office price per square foot in 2024 was $44.89 on average. The local office market recorded an average vacancy rate of 28.32% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • Culver City Class A & A+ Office Space$49.32
  • Culver City Class B Office Space$41.19
  • California Class A & A+ Office Space$60.31
  • California Class B Office Space$38.42
  • California Class C Office Space$26.20

Culver City, CA Office Asking Rents by Class

2024 Office Vacancy Rates in Culver City

Submarket Asking Rents Vacancy Rates
Jefferson Corridor $49.11 19.28%
Culver City $48.83 32.45%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Culver City market was 28.32% in 2024. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Culver City was 19.28% in the Jefferson Corridor submarket, while the highest office vacancy in the market was 32.45%, recorded in Culver City.

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Coworking Spaces in California

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2024 Office Construction in Culver City, CA

Largest Office Properties Recently Completed in Culver City
Office building Address SF Completed
The Entrada 6181 Centinela Ave., 90230 314,951 2022
Synapse 8888 Washington Blvd, 90232 66,875 2022
11248-11250 Playa Ct. 11248-11250 Playa Ct., 90230 48,951 2018
C3 at Culver Pointe 5800 Bristol Pkwy, 90230 281,400 2017
11825 Major St 11825 Major St, 90230 13,000 2009
900 Corporate Pointe 900 Corporate Pointe, 90230 285,675 2007
800 Corporate Pointe 800 Corporate Pointe, 90230 241,556 2007
Conjunctive Points - 3535 Hayden Avenue 3535 Hayden Avenue, 90232 52,848 1997
11268 Washington Blvd 11268 Washington Blvd, 90230 12,972 1990
600 Corporate Pointe 600 Corporate Pointe, 90230 285,718 1989

Worth noting among recent office completions on the Culver City market is The Entrada, which is currently the largest new office development in the city, at 314,951 square feet.

Data provided by Commercial Edge

See reports for other markets

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Culver City commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.


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