5131 Colfax Avenue Active Save Request In-Person Tour Request Virtual Tour
Valley Village,CA 91601
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD24125901
Bedrooms 10
HOA Y/N No
Lot Size 8,194 Sqft
Property Description
Charming newer 8 unit apartment building with a value Add. All units are equipped with Central Air & Heat, Washer & Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Originally being built as 9 units, two units were combined together to approve it as a Condo Project. The process was never completed. The new owner could re-convert the one large 4 BR unit (which is leased for one year) back into two 1270 sq ft units (one 2 BR 2.5 BA unit & one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest.
Charming newer 8 unit apartment building with a value Add. All units are equipped with Central Air & Heat, Washer & Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Originally being built as 9 units, two units were combined together to approve it as a Condo Project. The process was never completed. The new owner could re-convert the one large 4 BR unit (which is leased for one year) back into two 1270 sq ft units (one 2 BR 2.5 BA unit & one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest.
Location
State CA
County Los Angeles
Area North Hollywood (91601)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $139
Acceptable Financing Cash
Space Rent $4,500
Listing Terms Cash