Moorpark
REAL ESTATE
64,146 SQFT Commercial Property Hits the Market in Westlake Village
A new commercial real estate opportunity has become available in the heart of Westlake Village in Los Angeles County. Situated at 31111 Agoura Rd., this property consists of a 64,146-square-foot building on a 4.04-acre lot, currently offered at a negotiable “Best Offer” price, according to an offering brochure from CBRE. The property, which is currently owned by an entity affiliated with Pacifica Real Estate Group, presents a unique investment prospect for both owner-occupiers and investors seeking to capitalize on the region’s market. It was last sold in 2014 for $13.6 million, or roughly $212 per square foot.
Ojai eases rules for $420K home loan to city manager
The Ojai City Council has approved modifications to a $420,000 loan agreement with City Manager Ben Harvey for a down payment on a house purchase. The primary change expands the geographic area that would qualify for the loan. Harvey's original employment agreement from January included the same maximum loan amount but specified it be used to buy a home within city limits.
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