Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5388 Sterling Center Dr Westlake Village, CA 91361
    Back to Search
    Property profile & analytics

    5388 Sterling Center Dr Westlake Village, CA 91361

    View on Map
    • Manufacturing properties
    • 2,460 SF
    • 1.13 lot acres
    For Sale
    $2,125,000
    View Listing →
    Finish Line Auto Club For Sale
    $2,125,000

    Finish Line Auto Club

    Private, safe, and secure environment for car collectors.

    5388 Sterling Center Dr, Westlake Village, CA 91361
    View Listing
    Property ID
    US09-9866024
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 5388 Sterling Center Dr

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    1.13 lot acres
    Property size
    2,460 SF
    Zone code
    WVM1*
    Property type
    Manufacturing properties
    APN
    2057-001-040
    APU
    2057001040

    Description

    This exceptional 1 square foot retail space, located at 5388 Sterling Center Drive in Westlake Village, California (zip code 91361), is ideally suited for discerning car collectors. The Finish Line Auto Club provides a secure and private environment for storing and protecting prized vehicles. The unit boasts climate control, high ceilings, and fire protection systems, ensuring optimal vehicle preservation. Access is controlled via private roll-up door entries, exterior security cameras, and private security gates with card-key access, guaranteeing the utmost safety and peace of mind. The space offers the unique advantage of customization, allowing owners to tailor their unit to their specific needs and preferences. Situated in Los Angeles County, this property presents a rare opportunity to invest in a secure and exclusive storage solution for valuable automobiles. The address is 5388 Sterling Center Dr, Westlake Village, CA 91361. This is a truly unique offering for the discerning car enthusiast.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,125,000
      ML approach
      $2,125,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,495,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Los Angeles
    State
    California
    Longitude
    -118.803
    Latitude
    34.1476
    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
    $14,859
    $513,137
    $744,607
    $1,257,744
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,750 SF

      5388 Sterling Ctr Dr Ste, Unit 106

      MANUFACTURING (LIGHT) • 1,750 SF
      5388 Sterling Ctr Dr Ste, Westlake Village, CA 91361-4695
      View Details
    • Value Estimation by Request
      1,890 SF

      5388 Sterling Ctr Dr Ste, Unit 108

      MANUFACTURING (LIGHT) • 1,890 SF
      5388 Sterling Ctr Dr Ste, Westlake Village, CA 91361-4695
      View Details
    • Value Estimation
      $1,355,000
      1,860 SF

      5388 Sterling Ctr Dr Ste, Unit 114

      MANUFACTURING (LIGHT) • 1,860 SF
      5388 Sterling Ctr Dr Ste, Westlake Village, CA 91361-4695
      View Details
    • Value Estimation by Request
      2,460 SF

      5388 Sterling Ctr Dr Ste, Unit 104

      MANUFACTURING (LIGHT) • 2,460 SF
      5388 Sterling Ctr Dr Ste, Westlake Village, CA 91361-4695
      View Details
    • Value Estimation
      $2,715,000
      19,942 SF

      31011 Agoura Rd

      MANUFACTURING (LIGHT) • 19,942 SF
      31011 Agoura Rd, Westlake Village, CA 91361-4683
      View Details
    • Value Estimation
      $4,200,000
      33,168 SF

      30941 Agoura Rd

      MANUFACTURING (LIGHT) • 33,168 SF
      30941 Agoura Rd, Westlake Village, CA 91361-4617
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,403 SF

      Industrial Property For Sale

      7,403 SqFt industrial property available for purchase.
      31119 Via Colinas, Westlake Village, CA 91361
      View Details
    • Contact for pricing
      22,000 SF

      Renovated Westlake Village Office Building

      Newly renovated office building with up to 22,000 SF available.
      143 Triunfo Canyon Rd, Westlake Village, CA 91361
      View Details
    • $295,999
      5.00 Acres

      Westlake Village Land Opportunity

      Five acre land parcel in the Santa Monica Mountains.
      115 E Carlisle Rd, Westlake Village, CA 91361
      View Details
    • Contact for pricing

      Thousand Oaks Development Opportunity

      3.25+ acre land parcel approved for five luxury homes.
      1 Skyline Dr, Thousand Oaks, CA 91361
      View Details
    • Contact for pricing
      5,396 SF

      Westlake Village Medical Office Space

      Medical office space with customization options and expansion potential.
      141 Triunfo Canyon Rd, Westlake Village, CA 91361
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      7,912 SF

      Prime Westlake Village Flex Space

      7,912 SF Industrial, High-Image Flex Space
      31119 Via Colinas, Lake Sherwood, CA 91361
      View Details
    • $1.80 SF/Yr

      Westlake Village Freestanding Flex Facility

      Freestanding 11,406 SF flex facility available for lease.
      5321 Sterling Center Dr, Westlake Village, CA 91361
      View Details
    • Contact for pricing

      Industrial Property in Westlake Village

      Fully leased industrial property in a desirable location.
      5347-5351 Sterling Center Dr, Westlake Village, CA 91361
      View Details
    • Sponsored
      Contact for pricing

      Westlake Park Place

      Discover many ways to work your way in Westlake Park Place
      2945 Townsgate Rd, Thousand Oaks, CA 91361
      View Details
    • $21 SF/Yr

      Industrial Single Tenant Space

      2,450 SqFt industrial space available for rent.
      5376 Sterling Center Dr, Westlake Village, CA 91361
      View Details
    • Contact for pricing

      Westlake Village Industrial/Flex Space

      Industrial/Flex property for rent in Westlake Village, great location.
      2282 Townsgate Rd, Thousand Oaks, CA 91361
      View Details
    View Listing
    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.
    5388 Sterling Center Dr
    Westlake Village, CA 91361
    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
    5388 Sterling Center Dr, Westlake Village, CA, 91361
    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!