Commercial Real Estate Market in Encino, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
259 active listings and 5,851 off-market properties in Encino, CA. Commercial property asks $363/SF to buy and $24.56/SF/Yr to lease.
Market Trends
Encino, CA spans 10.7 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Encino, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Encino, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Encino, 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 Encino, 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
Encino, CA has 43,966 residents in 19,890 households. Density runs 4,117 people per square mile. Median household income here is $119,822 and median gross rent $2,349 a month.
43,966
Population
19,890
Households
2.2
Avg Household Size
44
Median Age
62%
College-Educated
95%
High-School Grad
10.7 sq mi
ZIP Area
4,117
Density / Sq Mi
$119,822
Median Household Income
$68,201
Median Earnings
$2,349
Median Rent
$1,249,955
Median Home Value
Tools
Lease vs Buy Breakeven
At $24.56/SF/Yr lease vs $363/SF buy → buying wins if held > 3.5 years.
The comparison uses county-wide sale comps against Encino asking rents, so the implied 6.8% 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 |
|---|---|---|
| Van Nuys | $363 (county avg) | $24.56 |
| San Fernando | $363 (county avg) | $74.12 |
Commercial property in Encino, CA asks $363/SF. The 2 bordering markets run from $363/SF in Van Nuys to $363/SF in Van Nuys, 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 Encino?
Commercial property in Encino, CA asks an average of $363 per square foot. The 7 most recent recorded sales traded at a median of $380/SF. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in Encino?
Asking lease rates in Encino, CA average $24.56 per square foot per year.
Is it cheaper to lease or buy commercial space in Encino?
Buying beats leasing in Encino, CA if the property is held longer than 3.5 years, comparing $24.56/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 Encino compare to nearby markets on price?
Encino, CA asks $363/SF against $363/SF in Van Nuys and $363/SF in San Fernando.
Where does Realmo's Encino market data come from?
Realmo compiles Encino, CA figures from 7 recent recorded sales, 147 active sale listings, 112 active lease listings, 5,851 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 147 active for-sale and 112 active for-lease listings in Encino, 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
