Commercial Real Estate Market in Van Nuys, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
268 active listings and 5,851 off-market properties in Van Nuys, CA. Commercial property asks $363/SF to buy and $24.86/SF/Yr to lease.
Market Trends
Van Nuys, CA spans 39.0 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Van Nuys, 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 Van Nuys, 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 Van Nuys, 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 Van Nuys, 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
Van Nuys, CA has 345,246 residents in 135,493 households. Density runs 8,852 people per square mile. Median household income here is $81,657 and median gross rent $1,921 a month.
345,246
Population
135,493
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
81%
High-School Grad
39 sq mi
ZIP Area
8,852
Density / Sq Mi
$81,657
Median Household Income
$46,161
Median Earnings
$1,921
Median Rent
$924,859
Median Home Value
Tools
Lease vs Buy Breakeven
At $24.86/SF/Yr lease vs $363/SF buy → buying wins if held > 3.4 years.
The comparison uses county-wide sale comps against Van Nuys 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 |
|---|---|---|
| San Fernando | $363 (county avg) | $74.12 |
| Calabasas | $363 (county avg) | — |
Commercial property in Van Nuys, CA asks $363/SF. The 2 bordering markets run from $363/SF in San Fernando to $363/SF in San Fernando, 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 Van Nuys?
Commercial property in Van Nuys, 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 Van Nuys?
Asking lease rates in Van Nuys, CA average $24.86 per square foot per year.
Is it cheaper to lease or buy commercial space in Van Nuys?
Buying beats leasing in Van Nuys, CA if the property is held longer than 3.4 years, comparing $24.86/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 Van Nuys compare to nearby markets on price?
Van Nuys, CA asks $363/SF against $363/SF in San Fernando and $363/SF in Calabasas.
Where does Realmo's Van Nuys market data come from?
Realmo compiles Van Nuys, CA figures from 7 recent recorded sales, 149 active sale listings, 119 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 149 active for-sale and 119 active for-lease listings in Van Nuys, 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
