5201 Rigoletto St - Apartments FOR SALE


Woodland Hills, CA 91364
$4,250,000 USD
310-836-3638
5201 Rigoletto St, Woodland Hills, CA for Sale
$4,250,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

5201 Rigoletto St
Woodland Hills, CA 91364


HIGHLIGHTS

  • *Property Features* - 15 units with the ability to add 2 ADUs in the tuck under parking space.
  • *Location Benefits* - South of Ventura Blvd, close to Warner Center, home to Kaiser Permanente and Rams Professional Football Training Center.
  • *Walk Score* - 71 Score – Very walkable neighborhood and most errands can be accomplished on foot.
  • *Tenant Appeal* - Upscale Shopping & Dining: Steps from The Village at Westfield Topanga, offering luxury retail and fine dining.
  • *Actual Cap Rate* - 4.09%
  • *Pro Forma Cap Rate with ADUs* - 5.49%

OVERVIEW

*Property Features* - 15 units with the ability to add 2 ADUs in the tuck under parking space. *Location Benefits* - South of Ventura Blvd, this investment is close to Warner Center, home to major employers like Honda, Kaiser Permanente and the up-and-coming Rams Professional Football Training Center. *Walk Score* - 71 Score – Very walkable neighborhood and most errands can be accomplished on foot. *Tenant Appeal* - Upscale Shopping & Dining: Steps from The Village at Westfield Topanga, offering luxury retail and fine dining. *Actual Cap Rate* - 4.09% *Pro Forma Cap Rate with ADUs* - 5.49% 5201 Rigoletto St offers investors a rare opportunity to acquire a 15-unit multifamily asset south of Ventura Blvd in a prime Woodland Hills location. With potential to add 2 ADUs in the existing tuck-under parking structure, the property holds strong value-add potential without sacrificing existing parking. Located in one of the San Fernando Valley’s most affluent neighborhoods, this asset sits just blocks from The Village at Westfield Topanga and minutes from the rapidly expanding Warner Center, now home to tech and healthcare employers and the future site of the LA Rams NFL team Training Center. With a Walk Score of 71, tenants enjoy a walkable, amenity-rich lifestyle near major freeways, public transit routes, upscale shopping, and entertainment. This offering is ideal for investors seeking long-term growth in a neighborhood positioned for continued development and rising rental demand. Contact us today to request the OM or schedule a private tour. **Contact Kelly Morgan Commercial Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com** *Disclaimer: The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

15

PRICE/UNIT

$283,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Woodland Hills | South of Ventura Blvd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R3LA

APN/PARCEL ID

2042-005-058

ASK ABOUT THIS PROPERTY

Kelly MorganKelly Morgan Multifamily GroupMore Info
310-836-3638

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Kelly MorganKelly Morgan Multifamily GroupMore Info
310-836-3638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.