31194 La Baya Dr 102 Westlake Village, CA 91362-4022
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
WVM1* · Westlake Village, CAWestlake Village. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.