Property website with OM: https://properties.berkadia.com/warner-center-townhomes-490311/
Call us directly if you would like to tour!
We’re excited to announce a tremendous $1.4 million price reduction for Warner Center Townhomes, a 28-unit community built in 2005 with a condo tract map. Currently being operated as an apartment community, the units are spacious and “home-like” averaging 1,530± SF. Units feature high-end finishes including quartz countertops, stainless-steel appliances, wood “style” flooring, and an in-unit laundry room with full, sized washer and dryer. The property is within 5 minutes of the massive Rams Village Development, Westfield Topanga Mall, Topanga Village; and walking distance to Pierce College. Easy access to Kaiser Permanente Woodland Hills Medical Center and the 101 Freeway. Priced far below replacement cost at $319 PSF, Warner Center Townhomes affords an investor an attractive 6% going in cap rate and an opportunity to own in a high-growth area with potential for a condo exit.