Canoga Park, CA
Commercial Real Estate Market Trends & Data
Canoga Park's Demographic Profile
Canoga Park has 49,627 households and a median income of $84,842, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 151,682 |
| # Households | 49,627 |
| Median age | 40 |
| Median household income | $84,842 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 24,586 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Canoga Park, CA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Canoga Park | $336 | 19,609 SF | 6.65% |
| West Hills | $346 | 24,421 SF | 6.65% |
| Winnetka | $312 | 23,495 SF | 6.65% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Canoga Park | $388 | 13,515 SF |
| West Hills | $420 | 15,357 SF |
| Winnetka | $399 | 15,946 SF |
| Woodland Hills | $565 | 5,244 SF |
| Chatsworth | $371 | 36,439 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Canoga Park | $386 | 52,400 SF | 6.18% |
| West Hills | $304 | 114,220 SF | 6.18% |
| Winnetka | $385 | 87,274 SF | 6.00% |
| Woodland Hills | $374 | 60,217 SF | 6.18% |
| Chatsworth | $287 | 131,791 SF | 5.79% |
Commercial Properties For Sale in Canoga Park
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Canoga Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Canoga Park | $323 | 35,288 SF |
| West Hills | $420 | 74,327 SF |
| Winnetka | $383 | 32,831 SF |
| Hidden Hills | $1,126 | 1,492 SF |
| Woodland Hills | $511 | 31,043 SF |
Multifamily Properties For Sale in Canoga Park
Regional Demographic Comparison
This comparison places Canoga Park 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 Canoga Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Canoga Park | 151,682 | 49,627 | 40 | $84,842 | 3 | 24,586 | -2% |
| West Hills | 75,625 | 25,007 | 42 | $96,506 | 3 | 9,818 | -2% |
| Winnetka | 45,274 | 13,831 | 40 | $80,922 | 3 | 6,401 | -2% |
| Hidden Hills | 1,726 | 578 | 47 | $258,780 | 3 | 58 | -3% |
| Woodland Hills | 129,925 | 50,778 | 41 | $103,480 | 3 | 25,958 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Canoga Park, 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 Canoga Park
Canoga Park 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.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Canoga Park. 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.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Canoga Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Canoga Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Canoga Park, 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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