Westlake Village Office
31351 Via Colinas Westlake Village, CA 91362
31351 Via Colinas, Westlake Village, CA, 91362
$3,900,000
For Sale
$3,900,000
Office building for sale in Westlake Village, California.
Property Size12,000 SF
Price / SF$325
Days on Market238
Property Features for 31351 Via Colinas
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agency
Lee & Associates - LA North - Calabasas
(818) 449-4414
Listed by
Mark Leonard · License #CalDRE #01031863
Source
Lee-associates
Added: Nov 26, 2025 Updated: Jul 6 at 10:32AM Checked: Jul 22 at 5:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - LA North - Calabasas
Investment Insights
Based on property information with market context.
This office building, located in Westlake Village, California, offers 12,000 square feet of space. The property is intended for use as an office building.
Key Highlights
- Office building for sale.
- Located in Westlake Village, California.
- Built in 1985.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $316.8k | $26.40 |
| − Vacancy | −$33.6k | −$2.80 |
| EGI | $283.2k | $23.60 |
| − OpEx | −$70.8k | −$5.90 |
| NOI | $212.4k | $17.70 |
12,000 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.03M
$2.66M – $3.54M
NOI $212,414 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.12M
$3.60M – $4.81M
NOI $288,369 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building for sale in Westlake Village, California.
Where is this office building located?
The property is located at 31351 Via Colinas Westlake Village, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Office building for sale.; Located in Westlake Village, California.; Built in 1985.
