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Flex Office-Warehouse Condominiums
For Sale
$1,195,000

5210 Lewis, Agoura Hills, CA 91301

Own two contiguous office-and-warehouse condominiums with ground-level loading and reserved parking for operations and headquarters use.

Property Size3,650 SF
Price / SF$327.40
Days on Market102

Property Features for 5210 Lewis

General Information

Standard status Active
Size 3,650 SF
Total Parking Spaces 11
Property subtype Warehouse
Zoning CRS-FC-OA

Additional Details

Business Included Yes
Highway Access Yes

Building Details

Building Size 3,650 SF
Year Built 1982
Listing Agency: King Realty
Listed By: Dan Adivi · License #01183293
Source: Archetyperealty
Added: Jun 28 Changed: Oct 5 Last Checked: Oct 5 at 11:55PM

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 King Realty

Investment Insights

Based on property information with market context.

The property consists of two contiguous commercial condominiums totaling approximately 3,650 square feet, designed to combine executive office space with warehouse and operational flexibility. The layout is roughly 50% office and 50% warehouse/flex, including six executive offices, a conference room, and a kitchenette. Restrooms are provided on both levels, and multiple private entrances are available. Operational access includes ground-level loading, supporting day-to-day warehouse workflow.

The site offers direct visibility from the Ventura (US-101) Freeway and provides immediate US-101 access. It is located in Agoura Hills, CA 91301 at 5210 Lewis. The property includes 11 reserved parking spaces and a fee simple ownership structure with an approximate $1,200 per month HOA.

This configuration is well suited for owner-occupants that want to consolidate office, lab/technology-oriented work, and warehousing or distribution/storage functions under one ownership. The CRS-FC-OA zoning is noted in the materials, and the building’s office-and-warehouse balance supports a range of operational setups including professional services with field or storage needs, research and development, creative services, and medical-related uses that benefit from both private offices and loading-capable space.

Key Highlights

  • Two contiguous commercial condominium units totaling approx. 3,650 SF (office + warehouse/flex).
  • Space is about 50% office and 50% warehouse/flex, with six executive offices plus conference room and kitchenette.
  • Ground‑level loading for operational flexibility, plus restrooms on both levels and multiple private entrances.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,786
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,720 $1.6M
Cap Rate 7%
$1,139,800 $1.1M
Cap Rate 9%
$886,511 $886.5K
Market Conditions
NOI Build-Up for 3,650 SF
Gross rent
$140.2K $38.40/SF
− Vacancy
−$33.8K −$9.25/SF
EGI
$106.4K $29.15/SF
− OpEx
−$26.6K −$7.29/SF
NOI
$79.8K $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%
$1,595,720
Cap Rate 7%
$1,139,800
Cap Rate 9%
$886,511

Alternative Uses

Best Use
Office B
$1.14M
$997.3K – $1.33M (±1% cap)
NOI $79,786 @ 7.0% cap · market cap 6.68%
Second Best
Warehouse
$678.5K
$593.7K – $791.6K (±1% cap)
NOI $47,494 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,794 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Pharmacy Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Two Doughs Pizza Co. — 28860 Roadside Dr, Agoura Hills, CA 91301

Frequently Asked Questions

What type of property is this?
Flex space - Own two contiguous office-and-warehouse condominiums with ground-level loading and reserved parking for operations and headquarters use.
Where is this flex space located?
The property is located at 5210 Lewis Agoura Hills, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two contiguous commercial condominium units totaling approx. 3,650 SF (office + warehouse/flex).; Space is about 50% office and 50% warehouse/flex, with six executive offices plus conference room and kitchenette.; Ground‑level loading for operational flexibility, plus restrooms on both levels and multiple private entrances.
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