Van Nuys California multifamily real estate market overview

Van Nuys

Van Nuys is a large, diverse, and well-established neighborhood in the heart of the San Fernando Valley, offering attractive opportunities for multifamily investors seeking strong rental demand, affordable entry points, and solid cash flow.

Roughly bounded by the Ventura Freeway (US 101) to the south, Sherman Way to the north, Sepulveda Boulevard to the west, and Woodman Avenue to the east, Van Nuys is anchored by Van Nuys Boulevard, its primary commercial corridor featuring retail, restaurants, services, and the historic Van Nuys Civic Center. The neighborhood borders Sherman Oaks and Encino to the south, Panorama City to the north, and Lake Balboa to the west.

For apartment building owners and investors, Van Nuys provides a resilient and high-yield multifamily market. Its central San Fernando Valley location, relatively affordable pricing compared to the Westside, and consistent rental demand make it a strong choice for investors looking for steady cash flow and long-term value.

2025 Van Nuys Multifamily Market Statistics at a Glance

Van Nuys Annual Multifamily Apartment Building Sales Statistics*

A silhouette of an apartment building showing number of apartment buildings sold in Los Angeles in 2025
Icon of a dollar sign on a price tag, representing money or pricing.
Black silhouette of a crow perched on a branch against a white background.
A black-and-white drawing of a giant squid with long tentacles and a large eye.
A black and white illustration of a person riding a bicycle with a dog in a basket on the front.

Buildings Sold: 69

Avg. Sale Price: $2,761,989

Avg. Price/ Unit: $210,255

Avg. Months to Sale: 4.2 Mos.

Avg. Price Per SF: $259

Get Your Free Property Valuation

Discover What Your Building Is Really Worth Today

Average Rent vs Vacancy Rate- Historical & Estimated

Average vacancy rate and market rents for residential units in Van Nuys California
2025 Q3: Van Nuys, California Multifamily Average Rent: $1,773 Average Vacancy Rate: 5.3%

Average GRM and Cap Rate- Historical

Average GRM and cap rate for multifamily properties sold in Van Nuys California between 2020 and 2025
2025: Van Nuys, California multifamily average GRM: 11.3 , Cap Rate 5.7%

Number of Multifamily Buildings Sold- Historcial

Total number of multifamily apartment buildings sold in Van Nuys California between 2020 and 2025
2025: Van Nuys, California Multifamily Buildings Sold: 69

Average Price/Unit and Price/SF- Historical

Average price/unit and price/sf sold multifamily apartment buildings in Van Nuys California between 2020 and 2025
2025: Van Nuys, California multifamily average Price/Unit Sold: $210,255 Price/SF Sold: $259

Historical and estimated market statistics for the Van Nuys, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Average Asking Market Rent and Vacancy for Van Nuys multifamily apartment buildings for the years 2020-2025. 
*All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. 

Los Angeles Apartment Brokerage Services

We are a full-service real estate brokerage specializing in Los Angeles apartment building sales and multifamily transactions. With a powerful nationwide network of lenders, brokers, and industry professionals, we deliver exceptional results for apartment building owners and investors both locally in Greater Los Angeles and across the United States.

  • Our experienced team delivers accurate apartment building valuations and multifamily property valuations throughout Van Nuys and the San Fernando Valley. Using in-depth market analysis and recent comparable sales (comps), we help apartment owners determine true market value — ideal for inherited buildings, estate planning, or tax purposes.

  • Our experienced team specializes in representing sellers of Van Nuys apartment buildings and multifamily properties. We provide unmatched buyer exposure through our nationwide network, strategic marketing on LoopNet, CoStar, CREXi, and MLS, and targeted campaigns that attract serious investors fast.

  • Our experienced team expertly guides investors through 1031 exchanges, helping you identify the ideal replacement property — particularly in sought-after NNN properties and triple net lease investments. We manage the full 1031 exchange process with confidence, supported by a proven track record and an extensive network of NNN experts.

  • Whether you're completing a 1031 exchange or seeking a passive investment, our nationwide network connects you with premium NNN properties, triple net lease investments, and high-quality single-tenant replacement properties. We help you find the right assets for steady cash flow and minimal management, backed by deep relationships across the U.S.