Medical Office Condominium
For Sale
Contact for pricing
128 Auburn Ct, Westlake Village, CA 91362
Medical office building for sale with a condominium map in place.
Property Size12,352 SF
Price / SF$323.43
Days on Market278
Property Features for 128 Auburn Ct
General Information
Standard status
Active
Size
12,352 SF
Property subtype
OFFICE
Building Details
Buildings
1
Listing Agency:
Lee & Associates
(818) 581-7061
Listed By:
Brett Saunders · License ##01991011
(818) 581-7061
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Jul 30
Last Checked: Jul 31 at 11:27AM
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
Investment Insights
Based on property information with market context.
Medical office building for sale with a condominium map in place, offering a structured ownership setup for office or medical use. The building size is 12,352 SF.
The property is located at 128 Auburn Ct in Westlake Village, CA 91362.
The property is located at 128 Auburn Ct in Westlake Village, CA 91362.
Key Highlights
- 12,352 SF medical office building
- Condominium map in place
- Address: 128 Auburn Ct, Westlake Village, CA 91362
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 | $326.1k | $26.40 |
| − Vacancy | −$34.6k | −$2.80 |
| EGI | $291.5k | $23.60 |
| − OpEx | −$72.9k | −$5.90 |
| NOI | $218.6k | $17.70 |
12,352 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.12M
$2.73M – $3.64M
NOI $218,645 @ 7.0% cap · market cap 5.47%
Second Best
Healthcare Medical
$2.55M
$2.23M – $2.97M
NOI $178,398 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$4.24M
$3.71M – $4.95M
NOI $296,827 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,269
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91362, CA
35,803
Population
14,456
Households
2.5
Avg Household Size
46
Median Age
56%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$143,683
Median Household Income
$64,921
Median Earnings
$2,735
Median Rent
$1,078,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building for sale with a condominium map in place.
Where is this medical office space located?
The property is located at 128 Auburn Ct Westlake Village, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 12,352 SF medical office building; Condominium map in place; Address: 128 Auburn Ct, Westlake Village, CA 91362
