1240 South Westlake Blvd

For Sale$1,038,450

1240 South Westlake Blvd, Westlake Village, CA 91361

  • Office

1240 South Westlake Blvd, Westlake Village, CA 91361 - Office Space

1240 South Westlake Blvd is located at 1240 South Westlake Blvd in the Westlake Village neighborhood, CA, Westlake Village, 91361. The Class B Office building was completed in 1988 and features a total of 57,249 Sqft.

There are 245 office spaces for lease in the Westlake Village neighborhood, totaling 1,166,403 Sqft of available office space. The office space availability for the 91361 zip code is 589,018 Sqft, in 144 office spaces. The average asking office rent per sq. ft. in Westlake Village is $31.2/sqft/year. For Class A office buildings the average office rate is $43.33/sqft/year, for Class B office buildings the average office rate is $29.87/sqft/year, for Class C office buildings the average office rate is $24.6/sqft/year.

In Westlake Village, there are 57 class B office buildings. In Westlake Village, there are a total of 4 LEED certified office buildings. In 1988, the same year 1240 South Westlake Blvd was built, 44 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Westlake Village, featuring 273,336 square feet of commercial space. At zip code level, there are 36 commercial properties, of which 25 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $1,038,450
  • City Westlake Village
  • Neighborhood Westlake Village
  • Zip Code 91361
  • Property Type Office
  • Property Size 57,249 Sqft
  • Lot Size 2.97 Acre
  • Building Class B
  • Year Built 1988
  • Date Updated 17 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 1240 South Westlake Blvd?

1240 South Westlake Blvd totals 57,249 square feet.

When was this property built?

1240 South Westlake Blvd was built in 1988.

Westlake Village Demographics

The average household income in zip code 91361 is $189,516, from a total of 8,556 households. In terms of employment, there are 92.03 % white-collar and 7.97 % blue-collar jobs in zip code 91361.

Population

  • Total Population8,358
  • Male Population(47.2 %) 3,943
  • Female Population(52.8 %) 4,415
  • Median Age52.00

Income/Financial

  • Average Household Income$206,556
  • Median Household Income$140,850
  • Median Income 25-44$161,667
  • Median Income 45-64$177,308
  • Median Income Over 65$108,594

Commercial Brokers Register now to add listings

Darin Arrasmith Is this you?

Westcord

(805) 497-4557

Tony Principe Is this you?

Westcord

(805) 497-4557