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Having office space in Santa Monica is usually a lifestyle choice. Santa Monica covers a 3 miles stretch along the Pacific Ocean and is one of the most popular beach front cities in western Los Angeles County. It is an artistic and creative city, nearly half of the adult population makes its living in the arts. There are a number of gaming studios within the city limits, making it a major location for the industry. The main employer is the City of Santa Monica, with over 2,500 employees. Both Fatburger and Tom Shoes are headquartered here, along with a number of other top companies, including Universal Music Group and Rand Corporation.
Santa Monica is nicknamed “Silicon Beach” thanks to its beautiful beach and over 500 tech startup companies; making it the 2nd largest tech hub in the world. Santa Monica has lots of creative office spaces of all sizes, but beware the rental rates are on the higher side for these types of office properties. They are ideally suited for Media, Production or Design businesses. It has a very walkable downtown area and a progressing Metro Expo Line. There is also an abundance of wide range amenities in and around Santa Monica, including restaurants, hotels, world class hospitals and retail making the area a high demand location for all kinds of businesses.
Santa Monica is located within the metropolitan Los Angeles area which contains over 198 million square feet of office space, with 22% in Santa Monica. Continued growth and lower rental rates are the overall office market foretasted outlook. Overall employment is expected to grow.
Some of the benefits to locating your office in Santa Monica are that the temperatures are a cooler than they are inland. Also, there is less smog there, too. There are also lots of choices for shopping and dining -- 3rd Street Promenade has many and also there is great shopping at boutique stores. Last but not least is the proximity the beach. All great amenities for employees.
If you'd like to find out more about locating your office space in Santa Monica or to get help finding office space there, fill out the form above. We can help you achieve your goals and find your ideal location, even if you aren't in the gaming or movie industries. Our professionals are skilled in negotiating contracts with landlords and specialize in tenant relationships for FREE. They are quick to respond and sensitive to your specific needs with regard to location, office space amenities, and your budget concerns. And because they are local experts, you can be assured they will be up to speed on available listings in the Santa Monica office space market.
Useful Statistics for businesses looking for office space in Santa Monica
|
Santa Monica |
CA State |
2020 Estimated Population |
91,600 |
39,346,023 |
Median Age |
40.5 |
36.7 |
Occupied |
12,761 |
7,241,318 |
Owned |
29,650 |
21,626,369 |
Rented |
59,292 |
16,470,954 |
Average Household Size |
1.97 |
2.94 |
Rental Vacancies |
1,325 |
227,993 |
Homeowner Vacancies |
291 |
77,702 |
Median Home Value |
$1,452,100 |
$538,500 |
Median Monthly Rental Cost |
$1,900 |
$1,586 |
Median Household Income |
$59,768 |
$33,719 |
Individuals below poverty level |
6,977 |
2,551,875 |
Educational Attainment: High school graduate |
5,889 |
5,431,385 |
Educational Attainment: Some College |
13,130 |
7,690,347 |
Educational Attainment: Bachelor degree or higher |
28,116 |
5,764,827 |
Commute |
34,011 |
14,963,132 |
Commute by car, truck or other vehicle - Drive Alone |
31,455 |
13,146,038 |
Commute by car, truck or other vehicle - Carpool |
2,556 |
1,817,094 |
Use Public Transportation |
1,794 |
843,498 |
Work from Home |
8,003 |
1,529,697 |