culver city

Culver City

Culver City is one of the most desirable and fastest-growing neighborhoods on the Westside of Los Angeles for both residents and real estate investors. Known for its blend of creative energy, tech industry presence, and walkable urban lifestyle, Culver City has experienced strong appreciation and consistent rental demand in recent years.

Culver City is home to major landmarks including Sony Pictures Studios, the historic Helms Bakery District, the Culver City Art District, and the vibrant Downtown Culver City area. The neighborhood offers excellent walkability, beautiful parks, and a thriving cultural scene. Its central Westside location provides convenient access to LAX, Santa Monica, Beverly Hills, Downtown LA, and all major freeways.

For multifamily investors, Culver City stands out due to its strong tenant base of professionals, creatives, and tech employees, limited housing supply, and steady rental growth. The area continues to attract significant investment interest thanks to its ongoing development, excellent infrastructure, and long-term desirability.

2025 Culver City Multifamily Market Statistics at a Glance

Culver City Annual Multifamily Apartment Building Sales Statistics*

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Buildings Sold: 12

Avg. Sale Price: $2,585,526

Avg. Price/Unit: $310,263

Avg. Months to Sale: 6 mos

Avg. Price/SF: $358

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Average Rent vs Vacancy Rate- Historical & Estimated

culver city multifamily unit average vacancy rate and asking market rent historical and estimated
2025 Q3:  Culver City, California Multifamily Average Rent: $2,500 Average Vacancy Rate: 5.4%

Culver City California average GRM and cap rate for multifamily apartment buildings sold between 2020 and 2025

Average GRM and Cap Rate- Historical

2025: Culver City, California multifamily apartment buildings sold average GRM: 13.0, Cap Rate 4.9%

Number of Multifamily Buildings Sold- Historical

culver city california historical number of apartment buildings sold between 2020 and 2025
2025: Culver City, California Multifamily Buildings Sold: 12

Average Price/Unit and Price/SF- Historical

Culver City California average price/unit and price/sf of multifamily apartment buildings sold
2025: Culver City, California multifamily apartment buildings sold average Price/Unit Sold: $310,263 Price/SF Sold: $358
Historical and estimated market statistics for the Culver City, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Average Market Asking Rent and Vacancy for Culver City multifamily apartment buildings for the years 2020-2025. 
*All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. 

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