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    Westlake Village Office Building Title is generated by Realmo AI

    31351 Via Colinas, Westlake Village, CA 91362

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    For Sale
    $3,900,000

    Office building for sale in Westlake Village, California.

    Type:Office
    Property size:
    12,000 SF
    Price / SF:
    $325/SF
    Added:
    Nov 26, 2025
    Days on Market:
    223
    Last Refresh:
    May 8 at 8:27 pm

    Property Features for 31351 Via Colinas

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1985

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    Mark Leonard
    Mark Leonard

    Listing office Lee & Associates - LA North - Calabasas

    Listing date Nov 26, 2025

    Source Lee-associates

    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

    HighLights

    • Office building for sale.
    • Located in Westlake Village, California.
    • Built in 1985.

    Overview

    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.

    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 (±1% cap)
    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 (±1% cap)
    NOI $288,369 @ 7.0% cap · market cap 7.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Bed & Breakfast Restaurant Supermarket Restaurant Adult Day Care (Bike/Boat/Book/etc) Store Grocery & Convenience Store Discount Store Tanning Salon Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.806
    Latitude
    34.1567

    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.
    More about this property
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