$4,160,000
For Sale

5131 Colfax Avenue

Valley Village, CA 91601
0.19 acres | #GD24125901
Listing OfficeRemax Optima
Browse 5 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$4,480,000
      • MLS #GD24125901
      • MLS #GD24125901
      • Property SubtypeTownhouse
      • Cost4160000
      • Acres0.1881
      • Utility SourcePublic
      • Year Built2008
      • Parking Spaces18
      • Stories2

Location

Alex HooksReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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