1031 Exchange Culver City, California

 

Surrounding submarket Area

Culver City, California is a part of the Mar Vista/Palms/Culver City Submarket submarket area, and contains 4 zip codes: 90232, 90230, 90233, and 90231.

Culver City Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Culver City, CA submarket area was $2,345, which is 35.24% higher than 2014 average rent. This represents a compounded annual growth rate of 6.22%. 2019 vacancy in Culver City, CA was 2.90%.

The total population of the city of Culver City, CA has grown 0.85% since 2010. As of 2018, the population was 39,214. The median household income of the Culver City was $90,183, which is 49.57% higher than the national average.

  • submarket area Mar Vista / Palms / Culver City Submarket
  • avg rent $2,345
  • rent growth 35.24%
  • vacancy 2.90%
  • median income $90,183
  • population (2018) 39,214
  • population growth 0.85%
  • vs. nat'l avg 49.57%
  • zip codes 90230 90231 90232 90233

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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