Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Class A Office Project Title is generated by Realmo AI

    30870 & 30930 Russell Ranch Rd, Westlake Village, CA 91362

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Scenic Class A office project in Westlake Village.

    Type:Office
    Added:
    Oct 1, 2021
    Days on Market:
    1710
    Last Refresh:
    May 12 at 9:11 pm

    Property Features for 30870 & 30930 Russell Ranch Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 30870 & 30930 Russell Ranch Rd Contact us

    30930 Russell Ranch Rd - Ste 250 $4/Mo

    Size
    11,391 SF
    Type
    Office
    Contact us

    30930 Russell Ranch Rd - Ste 140 $4/Mo

    Size
    1,393 SF
    Type
    Office
    Contact us

    30870 Russell Ranch Rd - Ste 140 $4/Mo

    Size
    6,025 SF
    Type
    Office
    Contact us

    30870 Russell Ranch Rd - Ste 110 $4/Mo

    Size
    3,026 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Chloe Sanchez

    Listing agent Chloe Sanchez License #CA 02109571

    Listing office JLL - Los Angeles (West), California

    Listing date Oct 1, 2021

    Source Crexi

    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 JLL - Los Angeles (West), California

    HighLights

    • Stunning views of the Santa Monica and Santa Susana Mountains from every suite.
    • Tremendous walkable amenities including Shoppes at Westlake Village with dining and retail.
    • Class A office project in Westlake Village.
    • Excellent freeway visibility.
    • Newly renovated fitness center.
    • Building top signage opportunities.

    Overview

    Westlake Landmark is a Class A office project in Westlake Village. Institutionally owned and managed since development, the property features landscaping and panoramic views of the Santa Monica and Santa Susana Mountains. On-site amenities are available. A newly renovated fitness center and plentiful shaded outdoor seating are present. The property offers freeway visibility and building top signage opportunities. Views are available from every suite. The Shoppes at Westlake Village, a center with numerous dining options and retail amenities, is located next door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.7993557
    Latitude
    34.1486659

    Nearby Similar for Lease

    • $1,000/Mo
      250-250 SF

      Executive Center of Westlake Village

      Office suite in Westlake Village near restaurants and shops.
      741 Lakefield Rd, Unit H, Westlake Village, CA 91361
      View Details
    • $3 SF/Yr
      9,202 SF

      Class A Office Campus

      Westlake Village Class A office space for lease.
      2815 Townsgate Road, Westlake Village, CA, 91361
      View Details
    • $1.60 SF/Yr
      4,342 SF

      Westlake Village Office Space Available

      Move-in ready office space in a tranquil Westlake Village setting.
      4500 Thousand Oaks Boulevard, Westlake Village, CA, 91362
      View Details
    • $2 SF/Yr
      2,150 SF

      Westlake Village Class A Office

      Class A office space in prime Westlake Village location.
      2659 Townsgate Road, Westlake Village, CA, 91361
      View Details
    • $2 SF/Yr
      9,794 SF

      Class A Office Building

      Premier office building in Westlake Village, near amenities.
      200 North Westlake Boulevard, Westlake Village, CA, 91362
      View Details
    • $3 SF/Yr
      14,011 SF

      Westlake Village Office Space Available

      Office space for rent in ideal Westlake Village location.
      100 North Westlake Boulevard, Westlake Village, CA, 91362
      View Details
    • $1.50 SF/Yr
      20,000 SF

      Thousand Oaks Office Space Available

      Office space for lease in Thousand Oaks, California.
      270 Conejo Ridge Avenue, Thousand Oaks, CA 91361
      View Details
    • $2 SF/Yr

      Office Suite with Freeway Access

      Well-positioned office suite in Westlake Village with convenient 101 freeway access and nearby dining and shopping.
      200 N Westlake Boulevard, Suite 202, Westlake Village, CA 91362
      View Details
    • $2 SF/Yr
      867 SF

      Westlake Village Class A Office

      Class A office space in prime Westlake Village location.
      875 South Westlake Boulevard, Westlake Village, CA, 91361
      View Details
    • $2 SF/Yr
      65,771 SF

      Westlake Village Office Building Lease

      Two-story office building in Westlake Village available for lease.
      31051 Agoura Road, Westlake Village, CA, 91361
      View Details
    • $3 SF/Yr
      76,000 SF

      Westlake Village Two-Story Office Building

      Two-story office building with retail amenities nearby for lease.
      30700 Russell Ranch Road, Westlake Village, CA, 91362
      View Details
    • Contact for pricing
      53,133 SF

      Class A Office Building Available

      Three-story Class A office building with ample parking and upgrades.
      31248 Oak Crest Dr, Westlake Village, CA 91361
      View Details

    FAQs

    What type of property is this?
    Office building - Scenic Class A office project in Westlake Village.
    Where is this office building located?
    The property is located at 30870 & 30930 Russell Ranch Rd Westlake Village, CA.
    What is the lease rate?
    The lease rate is $49 SF/Yr.
    What are key features of this property?
    This property features: Stunning views of the Santa Monica and Santa Susana Mountains from every suite.; Tremendous walkable amenities including Shoppes at Westlake Village with dining and retail.; Class A office project in Westlake Village.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chloe Sanchez
    Real Estate License ID: CA 02109571
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    30870 & 30930 Russell Ranch Rd, Westlake Village, CA 91362
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!