Palms, CA
Commercial Real Estate Market Trends & Data

$619 Avg asking sale price
$60 Avg asking lease rate
7,359 SF Avg unit lease size
15,811 SF Avg building size for sale
5.27% Average cap rate

Palms's Demographic Profile

Palms has 26,301 households and a median income of $91,437, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 58,027
# Households 26,301
Median age 37
Median household income $91,437
Avg household size 2.0
Renter-occupied housing units 21,388
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Palms, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Palms $655 21,806 SF 5.77%
Los Angeles $847 20,972 SF 10.80%
Culver City $958 17,220 SF 5.99%
Mar Vista $1,038 5,291 SF 5.99%
West Los Angeles $602 18,849 SF 7.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Los Angeles $406 24,201 SF 9.91%
Culver City $709 9,391 SF 4.14%
West Los Angeles $671 22,484 SF 6.52%
Nearby Retail Markets Avg Cost/SF Typical Size
Palms $1,012 8,171 SF
Los Angeles $629 9,339 SF
Culver City $936 7,608 SF
Mar Vista $787 5,123 SF
West Los Angeles $612 11,876 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Palms $603 11,858 SF 5.99%
Los Angeles $434 14,746 SF 11.81%
Culver City $460 11,300 SF 6.52%
Mar Vista $748 20,349 SF 6.41%
West Los Angeles $538 9,838 SF 9.19%

Commercial Properties For Sale in Palms

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

3675 Dunn Drive

Los Angeles, CA 90034

  • 25,000 SF Multifamily
  • 4.60% Cap Rate
  • $15,950,000
For Sale

3326 S Canfield Ave

Los Angeles, CA 90034

  • 7,880 SF Multifamily
  • 5.07% Cap Rate
  • $2,450,000
For Sale

3344 Mentone Ave

Los Angeles, CA 90034

  • 10,190 SF Multifamily
  • 5.34% Cap Rate
  • $2,840,000
For Sale

Delivered RTI | La Cienega Heights

Los Angeles, CA 90034

  • 0.37 AC Lot
  • 1 Residential Income Lot
  • $7,995,000
For Sale

9024 Lindblade St

Culver City, CA 90232

  • 3,815 SF Industrial Building
  • $2,995,000
For Sale

10958 Venice Blvd

Culver City, CA 90232

  • 2,871 SF Multifamily
  • 5.17% Cap Rate
  • $1,595,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Palms pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Palms $619 15,811 SF
Los Angeles $522 18,545 SF
Culver City $651 13,242 SF
Mar Vista $713 11,765 SF
West Los Angeles $605 18,844 SF

Multifamily Properties For Sale in Palms

For Sale

3675 Dunn Drive

Los Angeles, CA 90034

  • 25,000 SF Multifamily
  • 4.60% Cap Rate
  • $15,950,000
For Sale

10958 Venice Blvd

Culver City, CA 90232

  • 2,871 SF Multifamily
  • 5.17% Cap Rate
  • $1,595,000

Regional Demographic Comparison

This comparison places Palms alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Palms or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Palms 58,027 26,301 37 $91,437 2 21,388 -1%
Los Angeles 3,789,744 1,372,750 38 $74,048 3 889,182 -3%
Culver City 39,379 16,234 42 $115,611 2 7,826 -3%
Mar Vista 58,895 25,514 40 $100,556 2 16,121 -2%
West Los Angeles 46,773 22,843 38 $105,442 2 17,429 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Palms, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Palms

View All Commercial Real Estate For Sale in Palms
Is Palms a good market for a first-time commercial real estate investor?

Palms offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Palms?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Palms. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Palms?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Palms. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Palms compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Palms. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Palms acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Palms, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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