5444 Colfax Avenue

    Valley Village, CA 91601
    • $1,589,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 19456932
    UPDATED: 39 min ago
    $1,589,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,787
      SQFT
    • $420
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Welcome to Colfax Terrace in Valley Village! This 4-units complex features 2 spacious bedrooms with 1 bath each unit. Unit #1 is recently updated. The building is well maintained, has separate electric and gas meters, a dedicated laundry room and storage room. The coin operated laundry generates an extra income of approx $300/mo. One covered parking for each unit. Close proximity to NoHo Arts District, NoHo West, Universal Studios, shopping, restaurants and many more. Short commute to 170 & 101/134 Freeways. Don't miss this great investment opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T08:29:52.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/93899130

    5444 Colfax Avenue Valley Village, CA 91601

    • Price: $1,589,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 19456932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,787
    SQFT
    $420
    $/SQFT
    1954
    Built
    Neighborhood:
    VVL - Valley Village
    County:
    Los Angeles
    Area:
    VVL - Valley Village
    Property Description
    Welcome to Colfax Terrace in Valley Village! This 4-units complex features 2 spacious bedrooms with 1 bath each unit. Unit #1 is recently updated. The building is well maintained, has separate electric and gas meters, a dedicated laundry room and storage room. The coin operated laundry generates an extra income of approx $300/mo. One covered parking for each unit. Close proximity to NoHo Arts District, NoHo West, Universal Studios, shopping, restaurants and many more. Short commute to 170 & 101/134 Freeways. Don't miss this great investment opportunity!
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Property Features

    Electric Expense 1056.00 Fuel Expense 240.00 Gross Multiplier 16.76 Gross Operating Income 83456.00 Improvements Amount 398743 Insurance Expense 2533.00 Land Value 598118 Laundry Income 3600.00 Net Operating Income 62556.00 Other Expense 300.00 Pest Control Expense 380.00 Special Listing Conditions Standard Total Expenses 20900.00 Trash Expense 2100.00 Water Sewer Expense 1044.00 Zoning Lard1.5

    Listing provided courtesy of Rogin Albania of Albania & Associates Realty and Rosanne A Bostwick of Albania & Associates Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-19T08:29:52.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024