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About This Home
This 3-bedroom, 1-bathroom single family at 5844 Colfax Ave in North Hollywood, CA is listed for $1,499,000 ($1,454 per sqft). Built in 1940, the home offers 1,031 sqft of living space on a 0.16 acres lot.
Property will be delivered RTI (Ready-To-Issue) for a proposed 4-unit development project totaling approximately 4,829 Sq Ft, consisting of (2) 3 Bed + 2.5 Bath units and (2) 2 Bed + 2 Bath ADUs, creating a unique opportunity on this approximately 6,700 Sq Ft RD3-zoned lot near NoHo West.
Whether for an investor, developer, or owner-user looking for future upside, the property offers outstanding potential in one of the Valley's fastest-growing neighborhoods.The existing single-story home features 3 bedrooms, 1 bathroom, and approximately 1,031 Sq Ft of living space, providing flexibility for immediate use, rental income, or redevelopment.
The expansive backyard offers ample space for entertaining, outdoor enjoyment, or future possibilities.Centrally located, the property is moments from NoHo West, the NoHo Arts District, shopping centers, restaurants, television and movie studios, sound studios, freeway access, the Chandler Bike Path, Orange Line Metro access, parks, and Burbank Airport, offering convenience alongside strong long-term growth potential.
Key Features
- Built in 1940
- 0.16 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$8,017/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5844 Colfax Ave
North Hollywood, CA 91601
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 5844 Colfax Ave is listed at $1,499,000 ($1,454/sqft). The estimated monthly payment is $6,496 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.16 acre lot, 2 parking spaces.
This property is listed by Max Goltz and can be reached at 8182510802 or max.s.goltz@gmail.com.
