Commercial Real Estate Market in Venice, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
6,397 active listings and 85,356 off-market properties in Venice, CA. Commercial property asks $363/SF to buy and $27.78/SF/Yr to lease.
Market Trends
Venice, CA spans 7.3 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Venice, CA asks $23.40/SF/Yr to lease and $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail space in Venice, CA asks $20.18/SF/Yr to lease and $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Venice, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Venice, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Venice, CA has 68,756 residents in 40,637 households. Density runs 9,418 people per square mile. Median household income here is $128,400 and median gross rent $3,000 a month.
68,756
Population
40,637
Households
1.7
Avg Household Size
40
Median Age
72%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
9,418
Density / Sq Mi
$128,400
Median Household Income
$87,985
Median Earnings
$3,000
Median Rent
$1,502,572
Median Home Value
Tools
Lease vs Buy Breakeven
At $27.78/SF/Yr lease vs $363/SF buy → buying wins if held > 2.5 years.
The comparison uses county-wide sale comps against Venice asking rents, so the implied 7.7% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Marina del Rey | $363 (county avg) | — |
| Santa Monica | $363 (county avg) | $12.88 |
| Culver City | $363 (county avg) | $17.00 |
| El Segundo | $363 (county avg) | — |
Commercial property in Venice, CA asks $363/SF. The 4 bordering markets run from $363/SF in Marina del Rey to $363/SF in Marina del Rey, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Venice?
Commercial property in Venice, CA asks an average of $363 per square foot. The 5 most recent recorded sales traded at a median of $221/SF, so asking sits 64% above the achieved median. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Venice?
Asking lease rates in Venice, CA average $27.78 per square foot per year. Office asks $23.40/SF/Yr as of Q2 26, down from $31.18/SF/Yr in Q1 26.
Is it cheaper to lease or buy commercial space in Venice?
Buying beats leasing in Venice, CA if the property is held longer than 2.5 years, comparing $27.78/SF/Yr asking rent with $363/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does Venice compare to nearby markets on price?
Venice, CA asks $363/SF against $363/SF in Marina del Rey, $363/SF in Santa Monica, $363/SF in Culver City and $363/SF in El Segundo.
Where does Realmo's Venice market data come from?
Realmo compiles Venice, CA figures from 7 recent recorded sales, 4,649 active sale listings, 1,748 active lease listings, 85,356 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 4,649 active for-sale and 1,748 active for-lease listings in Venice, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
