30870 Russell Ranch RdWestlake Village, CA 91362

Property Details for 30870 Russell Ranch Rd

Year built

2006

Construction

STEEL FRAME

Lot size

5.78 AC

Property size (Sq ft)

116,906 SF

Zone code

LCA21*

Property type

Office buildings

APN

2054-030-103

APU

2054030103

Description

This exceptional Class A creative office space in Westlake Village, California, offers a unique opportunity for businesses seeking a prestigious and amenity-rich location. Located at 30870 & 30930 Russell Ranch Rd, 91362, this institutionally owned and managed property boasts a total of 17,186 square feet, with a single contiguous space of 17,186 square feet currently available. The minimum divisible space is 6,763 square feet, offering flexibility for various business needs. Enjoy panoramic views of the Santa Monica and Santa Susana Mountains from every suite. The property features beautifully landscaped grounds, plentiful shaded outdoor seating, and excellent freeway visibility. Enhance your brand with building top signage opportunities. On-site amenities include a newly renovated fitness center. The property's convenient location provides easy access to numerous dining and retail options at the adjacent Shoppes at Westlake Village, a 100,000+ square foot center. Parking is ample, with a ratio of 4.25 spaces per 1,000 square feet. This property is situated in Los Angeles County.

• CAP approach

  CAP return

  Valuation

  6%

  $36,973,056

  6.5%

  $34,128,972

  7%

  $31,691,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,230,844

  Geo Method

  $22,230,844

• Alternative Use

  Use

  Valuation

  Residential

  $42,319,928

  Hospitality

  $38,764,824

  Educational

  $32,251,880

  Medical

  $33,361,072

  Retail

  $50,169,592

Location Insight

City

Westlake Village

County

Los Angeles

State

California

Latitude

34.1484

Longitude

-118.799

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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