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Property profile & analytics
OFF-MARKET
Estimated value
$3,955,000
Manufacturing properties
31240 La Baya Dr Westlake Village, CA 91362-4076
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-8322749
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
TILT-UP CONCRETE
Total area
23,066 SF
Lot
1.08 ac (47,200 SF)
Zoning code
WVM1*
APN
2054-028-038
UPID
US09-8322749
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
$4.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.96M
Owner & transaction history
The Garry Fishman Family Trust
The Garry Fishman Family Trust
since 2026
7 recorded transactions
Zoning & alternative use
WVM1* · Westlake Village, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$4,480,000
6.5%
$4,135,000
7%
$3,840,000
Blend value · Realmo final
$3.96M
Range $3.56M – $4.35M · ±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
$171 / 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
$46,722
Tax year 2024
Assessed value
$3,770,503
Assessed 2024
Previous assessed
$3,770,503
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,060,452
Assessed improvement
$2,710,051
Applied tax rate
9.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
23,066 SF
Lot
1.08 ac (47,200 SF)
Zoning code
WVM1*
APN
2054-028-038
UPID
US09-8322749
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WVM1* · Westlake Village, CA
Zoning WVM1* · permitted uses
WVM1* · 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.
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
The Garry Fishman Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
5960 VALENTINE RD STE #3, VENTURA, CA 93003-6671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
The Garry Fishman Family Trust
Garry Fishman
Deed
related
—
Jul 2, 2020
—
Garry Fishman
—
Deed
related
$2,455,000 · Citizens Business Bank
Jun 20, 2019
—
Fishman,garry & Linda F Trust
—
Deed
related
$4,000,000 · Citizens Busn Bk
Dec 11, 2014
—
Fishman,garry & L Family Trust
Fishman,garry & Linda
Quit Claim Deed
related
—
Sep 23, 2014
$3,200,000
Garry Fishman
Jdl Socal Associates LLC
Grant Deed
$1,900,000 · County Commerce Bank
Mar 3, 2008
—
Jdl Socal Associates LLC
Ronald M Katz
Grant Deed
$1,050,000 · Wells Fargo Bank NA
Aug 21, 1998
—
Katz,ronald M Trustee
Coast Irrigation Supply,
Grant Deed
related
—
Nov 2, 1988
$1,687,500
Irrigation Coast
Labay
Grant Deed
$1,265,625 · Wells Fargo Bank
—
—
Fishman,garry & Linda F Trust
—
Deed Of Trust
related
$4,000,000 · Citizens Busn Bk
—
—
Irrigation Supply Coast
—
Deed Of Trust
related
$525,000 · Individual
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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