Van Nuys, CA
Commercial Real Estate Market Trends & Data
Van Nuys's Demographic Profile
Van Nuys has 123,574 households and a median income of $73,759, 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 | 340,931 |
| # Households | 123,574 |
| Median age | 39 |
| Median household income | $73,759 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 77,227 |
| 5-year population change | -2% |
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Van Nuys | $404 | 23,731 SF | 8.80% |
| Sherman Oaks | $443 | 22,211 SF | 8.47% |
| Lake Balboa | $325 | 33,826 SF | 8.80% |
| Encino | $429 | 31,166 SF | 8.03% |
| Valley Glen | $480 | 6,006 SF | 8.47% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Van Nuys | $661 | 12,055 SF | 5.17% |
| Lake Balboa | $407 | 14,332 SF | 5.17% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Van Nuys | $617 | 12,346 SF |
| Sherman Oaks | $707 | 10,840 SF |
| Lake Balboa | $571 | 15,080 SF |
| Encino | $521 | 21,074 SF |
| Valley Glen | $589 | 6,404 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Van Nuys | $360 | 15,542 SF | 8.80% |
| Sherman Oaks | $362 | 12,691 SF | 6.46% |
| Lake Balboa | $331 | 16,974 SF | 8.80% |
| Encino | $355 | 15,452 SF | 5.38% |
| Valley Glen | $342 | 12,188 SF | 6.46% |
Commercial Properties For Sale in Van Nuys
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 Van Nuys pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Van Nuys | $445 | 15,239 SF |
| Sherman Oaks | $480 | 12,026 SF |
| Lake Balboa | $413 | 18,617 SF |
| Encino | $464 | 21,308 SF |
| Valley Glen | $455 | 8,988 SF |
Multifamily Properties For Sale in Van Nuys
Regional Demographic Comparison
This comparison places Van Nuys 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 Van Nuys or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Van Nuys | 340,931 | 123,574 | 39 | $73,759 | 3 | 77,227 | -2% |
| Sherman Oaks | 120,275 | 50,184 | 40 | $87,157 | 2 | 32,040 | -3% |
| Lake Balboa | 53,701 | 18,315 | 39 | $66,552 | 3 | 11,322 | -1% |
| Encino | 117,082 | 40,828 | 42 | $84,524 | 3 | 19,555 | -3% |
| Valley Glen | 56,700 | 20,536 | 40 | $61,523 | 3 | 13,783 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Van Nuys, 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 Van Nuys
Van Nuys 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 Van Nuys. 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 Van Nuys. 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 Van Nuys. 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 Van Nuys, 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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