5844 Colfax Avenue, North Hollywood, CA 91601
List Price: $1.5M
Listing Status: Active
0Days on Market: 8
3 Bedrooms · 1 Bathroom · 1,031 sq ft
Property Type: Residential
Year Built: 1940
Lot Size: 6,802 sq ft
Private Pool: Yes
MLS Number: 26834813
About This Property
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.
Listing provided by: Max Goltz DRE #01993985 818-251-0802 max.s.goltz@gmail.com, Equity Union
Source: CRMLS, MLS #: 26834813
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