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Property profile

5707 Corsa Ave Westlake Village, CA 91362

FOR LEASE
Office buildings
Property ID
US09-8492918
22,068 SF 1.29 ac lot Built 1981
Last sale Sep 2020 · $3,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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5707 Corsa Ave, Westlake Village, CA 91362 For Lease
$4,015,000 20,965 SF available
5707 Corsa Ave, Westlake Village, CA 91362
View Listing

Property summary

AI-generated overview

A freestanding office building located at 5707 Corsa Ave in Westlake Village, California, offering up to 10,038 square feet of deliverable office space. The building is configured as an office property with substantial on-site parking, including a secure subterranean parking garage with space for 23 vehicles and an additional 61 parking spaces provided in a separate surface parking lot. The property includes secured underground storage as part of the parking/garage facilities, supporting tenant and visitor parking on the site.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$48k
Tax billed · 2024
Assessed value$3.87M
Assessed land$1.06M
Assessed improvement$2.81M
Effective rate1.23%

Value estimate

· Oct 2026
$4.02M
$3.61M – $4.42M
AI approach$3.97M
Submarket $/SF estimate$3.38M
NOI build-up
Gross scheduled income$553k
Vacancy & credit loss−$59k
Operating expenses−$124k
NOI · 15,791,744.68% cap applied$371k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$449/SF
County average, outlier-cleaned · 2758 recorded sales of this use type
Observed band · Q1–Q3$239 – $740

Cap rate analysis

How does the asset earn?
15,791,744.68%
$371k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
WVM1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office22.8
Auto Parts Store16.7
Convenience Store13.5

Location

5707 Corsa Ave Westlake Village, CA 91362
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2860 1000th Oaks, Thousand Oaks, CA 91362-3201 $4,125,000 May 2024 11,769 SF
5655 Lindero Cyn, Westlake Village, CA 91362-4016 $40,000,400 Nov 2022 40,960 SF
31225 La Baya, Westlake Village, CA 91362-4019 $7,350,073 Jul 2022 45,074 SF
5743 Corsa, Westlake Village, CA 91362-4027 $13,000,130 Aug 2021 63,233 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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