$1,499,000
5844 Colfax Avenue
North Hollywood, CA 91601
3
Beds
1
Baths
1,031
Sq. Ft.
1940
Year Built
Los Angeles
County
SingleFamilyResidence
Property Type
About this home
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.
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Features & Amenities
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Mortgage Estimate
$7,978/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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