• Broker Rob Renshaw 3107760564
  • Broker Jonathan Taksa 4246728220

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

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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.

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

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

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 35918606

  • Date on Market: 5/19/2025

  • Last Updated: 5/21/2025

  • Address: 5307-5315 Colodny Dr, Agoura Hills, CA 91301