When was the last time a unit traded at Westshore Medical Plaza in Westlake Village?

Maher Commercial Realty just closed a 745-square-foot medical office condo at 1240 S. Westlake Boulevard for $375,000, with Jeremy Shore representing both sides of the transaction.

Suites in this 45,000-square-foot professional plaza rarely come available. Only 4 units have traded in the past 5 years, a scarcity that says everything about demand in this submarket.

The second-floor, north-facing corner suite was built out as a psychology therapy office, complete with a private waiting area, separate entrance and exit doors, sound-deadening for patient privacy, and excess space for storage or a kitchenette. While turnkey for a therapist, the layout can be reconfigured for aesthetics, dental, general practice, physical therapy, and more.

When a unit like this comes to market, qualified buyers move fast.
Own a medical office or professional condo space in the Conejo Valley?

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#MedicalOfficeRealEstate #WestlakeVillage #CommercialRealEstate

Oron Maher

About the Author

Oron Maher

Founder & Broker-Director, Maher Commercial Realty

Oron Maher is the Founder and Broker-Director of Maher Commercial Realty, a Beverly Hills commercial real estate brokerage serving Greater Los Angeles and Southern California. A licensed California broker and attorney, he has completed more than $500 million in commercial transactions across multifamily, retail, office, industrial, and net lease, advising owners, investors, and institutions on acquisitions, dispositions, leasing, and investment strategy.

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