Freestanding Two-Story Office
For Sale
$2,600,000
5018 Chesebro Road, Agoura Hills, CA 91301
Professional office property with elevator access, abundant glazing, and dedicated parking in an established office park.
Property Size8,137 SF
Price / SF$319.53
Days on Market48
Property Features for 5018 Chesebro Road
General Information
Standard status
Active
Size
8,137 SF
Total Parking Spaces
31
Elevators
Yes
Property subtype
Office
Zoning
BP-OR-FC
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
2
Parking Ratio
4 per 1,000 SF
Listing Agency:
CBRE - Woodland Hills
Listed By:
Chris Swatosh · License #01803294
(818) 517-8372
Source:
Cbre
Added: Aug 30
Changed: Oct 4
Last Checked: Oct 14 at 8:44PM
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 CBRE - Woodland Hills
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Investment Insights
Based on property information with market context.
This freestanding office building provides 8,137 square feet across two stories, with professionally improved interiors and a private elevator serving both levels. Restrooms are located on each floor, while the extensive window line brings strong natural light throughout the workspace.
The property includes 31 parking spaces, consisting of 16 covered spaces and 15 surface spaces, with a 4/1000 parking ratio. Located within an office park, the building offers access to the Ventura (101) freeway and is zoned BP-OR-FC.
The property includes 31 parking spaces, consisting of 16 covered spaces and 15 surface spaces, with a 4/1000 parking ratio. Located within an office park, the building offers access to the Ventura (101) freeway and is zoned BP-OR-FC.
Key Highlights
- 8,137‑square‑foot freestanding office building
- Two‑story layout with a private elevator
- 31 parking spaces: 16 covered and 15 surface
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,868
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,557,360
$3.6M
Cap Rate 7%
$2,540,971
$2.5M
Cap Rate 9%
$1,976,311
$2.0M
Market Conditions
NOI Build-Up for 8,137 SF
Gross rent
$312.5K $38.40/SF
− Vacancy
−$75.3K −$9.25/SF
EGI
$237.2K $29.15/SF
− OpEx
−$59.3K −$7.29/SF
NOI
$177.9K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,557,360
Cap Rate 7%
$2,540,971
Cap Rate 9%
$1,976,311
Alternative Uses
Best Use
Office B
$2.54M
$2.22M – $2.96M
NOI $177,868 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.36M
$3.81M – $5.08M
NOI $304,956 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
Explore this area
Business Placement
Demographics for 91301, CA
24,790
Population
9,394
Households
2.6
Avg Household Size
45
Median Age
66%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
749
Density / Sq Mi
$166,912
Median Household Income
$85,240
Median Earnings
$3,163
Median Rent
$1,096,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with elevator access, abundant glazing, and dedicated parking in an established office park.
Where is this office building located?
The property is located at 5018 Chesebro Road Agoura Hills, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 8,137‑square‑foot freestanding office building; Two‑story layout with a private elevator; 31 parking spaces: 16 covered and 15 surface
