5444 Colfax Avenue
$1,550,000
5444 Colfax Avenue, Los Angeles, CA 91601
3,787 sqft
Building Size
0.1575 acres
Lot Area
Details:
Highlights:
- 3,787 SF building
- 4 units
- LARD 1.5 zoning
- Prime Valley Village location
- 75% occupancy
Description:
CBRE, Inc. is pleased to present 5444 Colfax Ave, a well-located multifamilyproperty in the sought-after Valley Village neighborhood of Los Angeles.
Located between Simpson Avenue and Troost Avenue, with proximity to theHollywood Freeway and Chandler Boulevard, this property offers an excellent entry point for investors in the Los Angeles market. This two-story building, constructed in 1954 and fully renovated in 2019, features four units within ±3,787 SF on a ±6,862 SF LARD1.5 zoned lot. Residents benefit from a vibrant surrounding community, with immediate access to a wide array of dining, grocery, and retail options, as well as convenient access to major thoroughfares connecting to North Hollywood, Korea Town, and Larchmont. The property also presents a significant upside
potential with the possibility of ADU construction in the existing carport area.
5444 Colfax Ave presents a solid investment opportunity, providing both stability and the potential for long-term appreciation.
Discover the thriving community surrounding the property, located in the heart of Valley Village, CA. This sought-after area boasts a diverse array of dining and retail options, promising a vibrant and dynamic setting for businesses. The location provides convenient access to the nearby amenities and attractions such as the NoHo Arts District, offering a bustling cultural scene with theaters, galleries, and unique entertainment experiences. With its proximity to major transportation routes and a growing professional community, Valley Village presents an ideal opportunity for office building investors looking to capitalize on a prime location in a flourishing neighborhood.
Documents:
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| 5444_Colfax_Ave_Finalpdf.pdf |
Location
Gallery
