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Property profile & analytics
FOR LEASE
Office buildings
30870 Russell Ranch Rd Westlake Village, CA 91362
Entity Owned
17-yr Hold
Free & Clear
Property ID
US09-9082860
For Lease
1 / 10
$49.80 SF/Yr
30870 Russell Ranch Rd, Westlake Village, CA 91362
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Property summary
AI-generated overview
This exceptional Class A creative office space in Westlake Village, California, offers a unique opportunity for businesses seeking a prestigious and amenity-rich location. Located at 30870 & 30930 Russell Ranch Rd, 91362, this institutionally owned and managed property boasts a total of 17,186 square feet, with a single contiguous space of 17,186 square feet currently available. The minimum divisible space is 6,763 square feet, offering flexibility for various business needs. Enjoy panoramic views of the Santa Monica and Santa Susana Mountains from every suite. The property features beautifully landscaped grounds, plentiful shaded outdoor seating, and excellent freeway visibility. Enhance your brand with building top signage opportunities. On-site amenities include a newly renovated fitness center. The property's convenient location provides easy access to numerous dining and retail options at the adjacent Shoppes at Westlake Village, a 100,000+ square foot center. Parking is ample, with a ratio of 4.25 spaces per 1,000 square feet. This property is situated in Los Angeles County.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2006
Construction
STEEL FRAME
Total area
116,906 SF
Lot
5.78 ac (251,664 SF)
Zoning code
LCA21*
APN
2054-030-103
UPID
US09-9082860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$37.27M
Blend (final)
Blend
$35.89M
Owner & transaction history
Russell Ranch Road II LLC · 17 yrs held
Russell Ranch Road II LLC
since 2008
1 recorded transaction
Zoning & alternative use
LCA21* · Westlake Village, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$54.1M
+1.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westlake Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westlake Village submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$53,400,000
Current use
AUTO REPAIR, GARAGE
$54,075,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$53,145,000
Change: 0% · Conversion: Easy
INDUSTRIAL (GENERAL)
$48,950,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$44,805,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$35.89M
Range $32.30M – $39.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$307 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$495,305
Tax year 2024
Assessed value
$42,745,795
Assessed 2024
Previous assessed
$42,745,795
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$8,558,763
Assessed improvement
$34,187,032
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
3
Total area
116,906 SF
Lot
5.78 ac (251,664 SF)
Zoning code
LCA21*
APN
2054-030-103
UPID
US09-9082860
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA21* · Westlake Village, CA
Zoning LCA21* · permitted uses
LCA21* · Westlake Village, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westlake Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$53.4M
AUTO REPAIR, GARAGE
Est. value
$54.1M
MEDICAL BUILDING
Est. value
$53.1M
INDUSTRIAL (GENERAL)
Est. value
$49.0M
RETAIL STORES
Est. value
$44.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
STEEL FRAME
Heating
NONE
Stories
3
Lot
5.78 ac
Current owner
From public records · entity-resolved
Russell Ranch Road II LLC
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2008
—
Russell Ranch Road II LLC
Russell Ranch Road LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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