Updated August 27, 2026
12 buildings, 380 units, $62.0M.
| Year | Closings | Median per unit |
|---|---|---|
| 2012 | 2 | $108,393 |
| 2014 | 1 | $111,410 (one sale) |
| 2015 | 2 | $158,227 |
| 2016 | 1 | $181,667 (one sale) |
| 2017 | 1 | $217,500 (one sale) |
| 2018 | 3 | $173,148 |
| 2021 | 1 | $287,500 (one sale) |
| 2022 | 1 | $222,000 (one sale) |
Closings spread across eight years, with the heaviest activity in the 2012–2018 period. Years resting on one sale are labeled as such.
| Building size | Closings | Median per unit | Range |
|---|---|---|---|
| 4–10 units | 4 | $184,000 | $104,286 – $287,500 |
| 11–25 units | 1 | $130,952 (one sale, not a median) | — |
| 26–50 units | 5 | $181,667 | $111,410 – $217,500 |
| 51+ units | 2 | $142,824 | $112,500 – $173,148 |
Van Nuys holds the broadest range of building sizes of any Valley submarket in this record — four units to sixty-eight — and it is the only submarket here where all four size bands appear at all. Most are missing at least one.
One of those four rests on a single closing and is labeled as such in the table above. A single sale is that sale, not a median, and it should not be read as a band.
That breadth is the point. Van Nuys is the Valley's administrative center and has been building continuously for a century rather than filling in during a single postwar decade. The result is an inventory that spans everything from small infill buildings to large complexes.
The median of $171,801 per unit sits in the middle of a range spanning nearly three times. An owner applying it to a specific building is averaging across products with different buyers, different financing and different economics.
Start from your band. A six-unit building and a fifty-unit building in Van Nuys are not in the same market, and the per-door figures reflect that.
Rent position against the RSO cap. Van Nuys is inside the City of Los Angeles and its older stock is pre-1978, so the Rent Stabilization Ordinance governs and buyers underwrite the capped trajectory.
The retrofit position, on the postwar walk-ups over open parking that make up much of the mid-range inventory.
Whether the parcel is inside the HPOZ. Van Nuys is one of only three designated historic districts in the entire San Fernando Valley — what that does to price.
And which corridor. Nine of the twelve buildings in this record sit on four streets, and arterial buildings are a different product from residential-street buildings — three buildings on Vanowen Street.
Twelve buildings across eight years, one desk's record rather than a market index, with no cap rates, rents or income figures because the archive does not hold them.
The full list is at the Van Nuys closing record in full.
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