5131 Colfax Avenue, Valley Village, CA 91601 - MLS#GD24125901

Valley Village, CA 91601,5131 Colfax Avenue

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Nicole Hazelton

[email protected] +1(619) 206-1892

$4,280,000

Est. payment - /mo

10 Beds

12 Baths

8,194 Sqft Lot

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UPDATED:

10/15/2024 11:54 AM

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

This newer 8 unit apartment building was originally built as 9 units. Two units were combined together to approve it as a Condo Project. The process was never completed. The large 4 BR unit is intentionally kept vacant. The new owner could easily re-convert the one large 4 BR unit 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. 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. 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.
This newer 8 unit apartment building was originally built as 9 units. Two units were combined together to approve it as a Condo Project. The process was never completed. The large 4 BR unit is intentionally kept vacant. The new owner could easily re-convert the one large 4 BR unit 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. 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. 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

Garage 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

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Listed by Andrew Awaida • Remax Optima

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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