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Huge Price Reduction 5201 Rigoletto St 15 Unit Apartment Building £2,587,523 (£172,502/Unit) 5.45% Net Initial Yield Woodland Hills, CA 91364

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INVESTMENT HIGHLIGHTS

  • *Cap Rate* - 5.45% Cap, 10.53 GRM with upside to an 7.84% Cap, 8.36 GRM.
  • *Tenant Appeal* - Upscale Shopping & Dining: Steps from The Village at Westfield Topanga, offering luxury retail and fine dining.
  • *Upcoming NFL LA Rams Team "Village"* - The NFL LA Rams team will build a new practice center and headquarters that will become the "Rams Village."
  • *Location Benefits* - South of Ventura Blvd, this investment is in a prime location, nestled in the heart of Woodland Hills.
  • *ADU Potential* - Possibility to add 2 ADUs thus adding $30K a year in income and a estimated added value of $543k.
  • *Nearby the Transforming Warner Center* - The Warner Center delivered 17,597 new residential units, and 20 million sq ft of walkable mixed-use space.

EXECUTIVE SUMMARY

Warner View Homes (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.
Seller is motivated by a 2025 closing, price lowered for a quick sale at an exceptional price.
Located in one of the San Fernando Valley’s most affluent neighborhoods, this asset sits just blocks from The Topanga Village, 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.
With potential to add 2 ADUs in the existing tuck-under parking structure, the property holds strong value-add potential without sacrificing existing parking.
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.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price £2,587,523
Price Per Unit £172,502
Sale Type Investment
Yield 5.45%
Gross Rent Multiplier 10.53
No. Units 15
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.32 ac
Property Size 11,957 sq ft
Average Occupancy 100%
No. Floors 2
Year Built 1964
Parking Allocation 1.34/1,000 sq ft
Use Class R3LA

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
1+1 11 - -
2+1 2 - -
2+2 1 - -
3+2 1 - -
Walk Score®
Easily Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2042-005-058
Land Assessment
£820,284
Improvements Assessment
£508,575
Total Assessment
£1,328,859
  • Listing ID: 37564542

  • Date on Market: 05/09/2025

  • Last Updated:

  • Address: 5201 Rigoletto St, Woodland Hills, CA 91364

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