Wealth Enhancement & Preservation Inc. Acquires Office Building In Westlake Village For $1.16M

The office property located at 2629 Townsgate Road in Westlake Village / Conejo Valley has been sold. The property spans 2,493 square feet and was sold for a price of $1,160,000, resulting in a price per square foot of $465.30. The transaction involved two units, with each unit being sold for $580,000. The buyer in this transaction was Wealth Enhancement & Preservation Inc., while the seller was Red 32 Real Estate. The brokers involved in the deal were Jared Smits from Red 32 Real Estate.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,160,000
• Square Footage: 2,493
• Price per Square Foot: $465.30
• Number of Units: 2
• Price per Unit: $580,000

This transaction involved the purchase of the property by Wealth Enhancement & Preservation Inc., who will be using the property for their own business needs. The deal was facilitated by Jared Smits from Red 32 Real Estate, representing both the buyer and seller in the transaction.