Westlake Village, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Westlake Village short-term rental market based on reliable data.

Listings

18 / 47

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$32,239

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$1,549,740

Median Home Sale Price

Top Earners

$76,655

Top-Earners Revenue

Westlake Village

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Westlake Village.

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C

Challenging to Investors

Westlake Village Regulations

STRs lack a clear, citywide STR program; the only evident path is episodic Temporary Use Permits with a $150 fee per rental, plus case‑by‑case fire permits and potential ABC licensing. HOA/CC&R constraints and uncertainty around ongoing STR licensing/TOT create a significant compliance burden and operational risk, making it challenging for investors.

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About Westlake Village

Westlake Village is a city in Los Angeles County on its western border with Ventura County. It incorporated in 1981 becoming the 82nd municipality of Los Angeles County. The population of the city was 8,029 at the 2020 census, down from 8,270 at the 2010 census.The city is named after the master-planned community of Westlake that was later called Westlake Village to avoid confusion with the Los Angeles neighborhood of the same name. With a lake at the center, the community straddles the line between Los Angeles and Ventura counties. Roughly two-thirds of the community was previously annexed into the city of Thousand Oaks.

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