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The localization of the repeating fast radio burst (FRB), FRB 121102,suggests that it is associated with a persistent radio-luminous compact sourcein the FRB host galaxy. Using the FIRST radio catalog, I present a search forluminous persistent sources in nearby galaxies, with radio luminosities >10% ofthe FRB 121102 persistent source luminosity. The galaxy sample contains about30% of the total galaxy g-band luminosity within <108 Mpc, in a footprint of10,600 deg^2. After rejecting sources likely due to active galactic nucleiactivity or background sources, I remain with 11 candidates that are presumablyassociated with galactic disks or star formation regions. At least some ofthese candidates are likely to be due to chance alignment. In addition, I find85 sources within 1" of galactic nuclei. Assuming the radio persistent sourcesare not related to galactic nuclei and that they follow the galaxy g-bandlight, the 11 sources imply a 95% confidence upper limit on the space densityof luminous persistent sources of <5x10^-5 Mpc^-3, and that at any given timeonly a small fraction of galaxies host a radio luminous persistent source(<10^-3 L_*^-1). Assuming persistent sources life time of 100 yr, this impliesa birth rate of <5x10^-7 yr^-1 Mpc^-3. Given the FRB volumetric rate, andassuming that all FRBs repeat and are associated with persistent radio sources,this sets a lower limit on the rate of FRB events per persistent source of >0.8yr^-1. I argue that these 11 candidates are good targets for FRB searches and Iestimate the FRB event rate from these candidates.

A search for FRB 121102-like persistent radio-luminous sources -- Candidates and implications for the FRB rate and searches