30870 Russell Ranch RdWestlake Village, CA 91362

  • Office properties
  • 116,906 SF
For Lease
$43.20/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
30870 Russell Ranch Rd, Westlake Village, California

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

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
$495,305
$8,558,763
$34,187,032
$42,745,795
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