Multi-Family for sale in Southern California — $3,698,000. 14 beds · 14 baths · 8,208 sqft. This exceptional multifamily asset represents a rare opportunity to acquire a true pride-of-ownership property in Agoura Hills, a notoriously low-velocity, high-barrier-to-entry market where inventory of this caliber…
$3,698,000
5302 Colodny Drive, Agoura Hills, CA 91301
This exceptional multifamily asset represents a rare opportunity to acquire a true pride-of-ownership property in Agoura Hills, a notoriously low-velocity, high-barrier-to-entry market where inventory of this caliber is seldom available. Savvy buyers will appreciate that the seller has heavily front-loaded the most burdensome capital expenditures, significantly minimizing future maintenance reserves and protecting your cash flow from day one. With a 50-year roof, an overhauled main driveway, dual-pane windows, and a newly replaced sewer line to the back building, the heavy lifting has already been done. The financial upside is further solidified by the recent addition of brand-new, value-packed Accessory Dwelling Units (ADUs). With an ADU already leased, the property delivers an immediate proof of concept, effortlessly validating its ability to command top-tier market rents. Additionally, the existing units offer a premium tenant experience, having undergone extensive modern renovations between 2021 and 2022. Finished with high-end quartzite and granite countertops, stainless-steel appliances, luxury waterproof laminate flooring, and custom-tiled bathrooms, these units easily attract and retain premium renters. Beyond the cosmetics, the property's mechanical efficiency has been fully modernized with dedicated tankless water heaters and updated split-system heating and air. Tenants enjoy highly sought-after amenities like in-unit laundry or dedicated laundry closets in most spaces, alongside a communal laundry room. Positioned in a premier neighborhood celebrated for its top-tier school district and affluent demographics, this stabilized asset offers a historically low vacancy rate and unmatched macroeconomic resilience. For the investor seeking a passive, hands-off asset with proven high yields in an elite location, this property checks every single box.
Listing updated: July 17, 2026 at 12:18 AM
Listed by: Saadia 'Sam' Liberow, Marcus & Millichap
Source: CRMLS, MLS#: 26857885, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/09/2026 Source: CRMLS, #26857885 | Listed for sale | $3,698,000$451/sqft |
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