5131 Colfax Avenue

Valley Village, CA 91601

PRICE REDUCED

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-$200,000 (-4.46%)

$4,280,000

List Price

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2008

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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.

Listing Information

List Price $4,280,000
Status Active
MLS GD24125901
Type Residential Income
Subtype Townhouse
Year Built 2008
Lot Size 8,194
Structure Size N/A
DOM 55
Courtesy Of Remax Optima
Listing Agent Andrew Awaida DRE#01018186

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Andrew Awaida, Remax Optima . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 26th, 2024 at 9:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.