Compared to the rest of the Metropolitan Los Angeles market, the Van Nuys region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 15 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 127% of the listings in the Van Nuys are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 7,910 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Van Nuys residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.