thank you
Your email has been sent!
24 TWO-STORY TOWNHOMES NO LOCAL RENT CONTROL! 5307-5315 Colodny Dr 24 Unit Apartment Building $9,795,000 ($408,125/Unit) 5.78% Cap Rate Agoura Hills, CA 91301
INVESTMENT HIGHLIGHTS
- ALL TWO-STORY TOWNHOMES
- PRIVATE 2-CAR GARAGES FOR ALL UNITS
- NO LOCAL RENT CONTROL
- FANTASTIC AGOURA HILLS LOCATION
EXECUTIVE SUMMARY
NO LOCAL RENT CONTROL! 24 TWO-STORY TOWNHOUSE UNITS WITH PRIVATE GARAGES! 5307 Colodny Drive presents a rare opportunity to acquire a well-maintained 24-unit multifamily asset located in the highly sought-after community of Agoura Hills, a premier Los Angeles suburb known for its quality of life, strong demographics, and proximity to major employment hubs.
The property consists entirely of spacious two-story townhome-style units, each featuring 1 bedroom and 1.5 bathrooms, averaging approximately 960 square feet. Every unit includes a private 2-car garage, offering tenants enhanced convenience and privacy.
Nestled in the heart of Agoura Hills, the property enjoys immediate access to the 101 Freeway, connecting residents to the San Fernando Valley, Ventura County, and the greater Los Angeles metro area. Agoura Hills is celebrated for its top-rated schools, safe residential character, and proximity to Malibu beaches, Santa Monica Mountains trails, and numerous outdoor recreational amenities. The city continues to attract affluent residents and tenants seeking a suburban lifestyle with urban conveniences. The surrounding neighborhood offers a blend of retail, dining, and lifestyle options, including The Whizin Market Square, Trader Joe's, and numerous local eateries and boutique shops. The area's affluent demographics and high demand for rental housing contribute to strong occupancy and rent growth trends.
The property consists entirely of spacious two-story townhome-style units, each featuring 1 bedroom and 1.5 bathrooms, averaging approximately 960 square feet. Every unit includes a private 2-car garage, offering tenants enhanced convenience and privacy.
Nestled in the heart of Agoura Hills, the property enjoys immediate access to the 101 Freeway, connecting residents to the San Fernando Valley, Ventura County, and the greater Los Angeles metro area. Agoura Hills is celebrated for its top-rated schools, safe residential character, and proximity to Malibu beaches, Santa Monica Mountains trails, and numerous outdoor recreational amenities. The city continues to attract affluent residents and tenants seeking a suburban lifestyle with urban conveniences. The surrounding neighborhood offers a blend of retail, dining, and lifestyle options, including The Whizin Market Square, Trader Joe's, and numerous local eateries and boutique shops. The area's affluent demographics and high demand for rental housing contribute to strong occupancy and rent growth trends.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$804,768
|
$34.84
|
| Other Income |
$23,339
|
$1.01
|
| Vacancy Loss |
$24,143
|
$1.05
|
| Effective Gross Income |
$803,964
|
$34.80
|
| Taxes |
$117,481
|
$5.09
|
| Operating Expenses |
$119,979
|
$5.19
|
| Total Expenses |
$237,460
|
$10.28
|
| Net Operating Income |
$566,504
|
$24.52
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $804,768 |
| Annual Per SF | $34.84 |
| Other Income | |
|---|---|
| Annual | $23,339 |
| Annual Per SF | $1.01 |
| Vacancy Loss | |
|---|---|
| Annual | $24,143 |
| Annual Per SF | $1.05 |
| Effective Gross Income | |
|---|---|
| Annual | $803,964 |
| Annual Per SF | $34.80 |
| Taxes | |
|---|---|
| Annual | $117,481 |
| Annual Per SF | $5.09 |
| Operating Expenses | |
|---|---|
| Annual | $119,979 |
| Annual Per SF | $5.19 |
| Total Expenses | |
|---|---|
| Annual | $237,460 |
| Annual Per SF | $10.28 |
| Net Operating Income | |
|---|---|
| Annual | $566,504 |
| Annual Per SF | $24.52 |
PROPERTY FACTS
| Price | $9,795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $408,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.93 AC |
| Cap Rate | 5.78% | Building Size | 23,100 SF |
| Gross Rent Multiplier | 11.83 | Average Occupancy | 100% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 2.08/1,000 SF |
| Zoning | AHR335U* | ||
| Price | $9,795,000 |
| Price Per Unit | $408,125 |
| Sale Type | Investment |
| Cap Rate | 5.78% |
| Gross Rent Multiplier | 11.83 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 23,100 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | AHR335U* |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Grill
- Patio
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1.5 | 24 | - | 960 |
1 of 1
PROPERTY TAXES
| Parcel Number | 2055-006-111 | Total Assessment | $6,178,407 |
| Land Assessment | $2,471,362 | Annual Taxes | $117,481 ($5.09/SF) |
| Improvements Assessment | $3,707,045 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2055-006-111
Land Assessment
$2,471,362
Improvements Assessment
$3,707,045
Total Assessment
$6,178,407
Annual Taxes
$117,481 ($5.09/SF)
Tax Year
2024
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
24 TWO-STORY TOWNHOMES NO LOCAL RENT CONTROL! | 5307-5315 Colodny Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.