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Property profile & analytics

31194 La Baya Dr Westlake Village, CA 91362

  • Office buildings
  • 1,194 SF
  • 3.80 lot acres
Value Estimation
Last Sale
Nov 29, 2023
$680,500
Location Intelligence
Property ID
US09-8322762
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 31194 La Baya Dr

Year built
1981
Construction
TILT-UP CONCRETE
Lot size
3.80 lot acres
Property size
1,194 SF
Zone code
WVM1*
Property type
Office buildings
APN
2054-028-058
APU
2054028058

Description

This 1,350-square-foot furnished office condo in Westlake Village, CA, presents a unique owner/user investment opportunity. Located at 31194 La Baya #206, 91362, this traditional office space boasts two large executive offices, a conference room, reception area, galley kitchen, and an in-suite restroom. The unit features two entrances and elevator access, along with four allocated parking spaces. Built in 1981 and zoned BP (Business Park), the property is move-in ready, offering immediate occupancy on October 30, 2024. The asking price is $540,000, translating to $400 per square foot. The convenient location offers proximity to numerous amenities, including Costco, the Four Seasons Hotel, Oaks Christian, Westlake Playfield Complex & YMCA, and various restaurants and shops. The 101 Freeway is also easily accessible. The owner's association maintains the common areas and exterior, providing a hassle-free ownership experience. This is an exceptional opportunity to build equity instead of paying rent. The net rentable square footage is 1,350 square feet.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $725,000
  • CAP approach

    CAP return
    Estimation
    6%
    $725,000
    6.5%
    $690,000
    7%
    $650,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $715,000
    Geo Method
    $735,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $640,000
    Retail
    $720,000
    Mixed-Use
    $750,000
    Hospitality
    $790,000
    Educational
    $615,000
    Residential Income
    $755,000
    Energy
    $770,000
    Income-Based Land
    $655,000
    Food Service
    $595,000

Location Insight

  • Map
  • Local Demand
City
Westlake Village
County
Los Angeles
State
California
Longitude
-118.802
Latitude
34.1558
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,416
$109,316
$217,277
$326,593
-
$0.00
$0.00
$0.00
More about this property
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