5119 Colfax Avenue

North Hollywood, CA 91607

$1,312,500
Last Sold Price
6
Beds
5
Baths
2,719 Sq. Ft.
$483 / Sq. Ft.
2,719
Sq. Ft.
$483
per Sq. Ft.

Description

8808 SQUARE FOOT LOT. 5 UNIT VALLEY VILLAGE INVESTMENT TO ADD TO YOUR PORTFOLIO IS NOW AVAILABLE. FOUR , ONE BEDROOM 1 BATH UNITS. ONE, TWO BEDROOM, ONE BATH UNIT. FIVE INDIVIDUAL GARAGES! ALLEY ACCESS. SOUTH OF MAGNOLIA. THIS 1940'S CHARMER IS ALWAYS RENTED AND RENTS SHOULD BE ADJUSTED UP.REAR UNIT ABOVE GARAGES. CLOSE TO ALL FREEWAYS. WALKING DISTANCE TO SCHOOLS. UNITS SHOWN WITH ACCEPTED OFFER ONLY. TWO OF THE 5 GARAGES ARE NOT RENTED TO ANYONE, CHANCE FOR MORE INCOME! TWO BEDROOM UNIT IS VACANT...8808 SQUARE FOOT LOT. 5 UNIT VALLEY VILLAGE INVESTMENT TO ADD TO YOUR PORTFOLIO IS NOW AVAILABLE. FOUR , ONE BEDROOM 1 BATH UNITS. ONE, TWO BEDROOM, ONE BATH UNIT. FIVE INDIVIDUAL GARAGES! ALLEY ACCESS. SOUTH OF MAGNOLIA. THIS 1940'S CHARMER IS ALWAYS RENTED AND RENTS SHOULD BE ADJUSTED UP.REAR UNIT ABOVE GARAGES. CLOSE TO ALL FREEWAYS. WALKING DISTANCE TO SCHOOLS. UNITS SHOWN WITH ACCEPTED OFFER ONLY. TWO OF THE 5 GARAGES ARE NOT RENTED TO ANYONE, CHANCE FOR MORE INCOME! TWO BEDROOM UNIT IS VACANT AND WILL REMAIN SO FOR NEW OWNER! SELLER MAY CARRY WITH 50% DOWN!!

Listing Agent

  1. Bobby Stefano

    Bobby Stefano

    Listing Agent

    Compass

    DRE #01310669

Property Details for 5119 Colfax Avenue

Zoning
LARD1.5
Parcel Number
2355005056
Total Units
5.0
Living Area
2719
Source Living Area
Assessor
Area
Valley Village (VVL)
Vacancy Rate
0
Lot Size Area
8808

Location

Listing Courtesy of Compass, Bobby Stefano, DRE #01310669

Sold By Compass, Bobby Stefano, DRE #01310669

Add your commute
LISTING UPDATED: 11/26/2019 01:58 PM

Property Details for 5119 Colfax Avenue

StatusSold
MLS #19-511992
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.20 AC / 8,808 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Bobby Stefano, DRE #01310669

Sold By Compass, Bobby Stefano, DRE #01310669

Add your commute

Building Information for 5119 Colfax Avenue

Stories1Residences-Year Built1946Building Size-Lot Size0.20 AC / 8,808 SF

Payment Calculator

$8,623 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,163

Property Taxes

$1,460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5119 Colfax Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Association Amenities: Other
Structure Info
Structure Info
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: RENTALS
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Cash, Conventional
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $72,816
  • Net Operating Income: $59,816.00
  • Gross Income: $72,816
  • Gross Rent Multiplier: $19.00
  • Total Annual Expense: 13300
  • Water Expense: $4,000.00
  • Other Expense: $339.00
  • Gardener Expense: $2,500
  • Insurance Expense: $4,000
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 8808
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Garage - 4+ Car, Private Garage
  • Total Parking: 5
  • Covered Parking: 5
  • Parking Features: Covered
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Wall/Window Unit(s), See Remarks
  • Cooling Type: Air Conditioning, Wall/Window, Other
  • Heating: Floor Furnace, Wall Heater
  • Heating Type: Floor Furnace, Natural Gas, Wall
  • Equipment: Other
  • Interior Features: Other
  • Kitchen Features: Tile Counters
  • Laundry: See Remarks
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Tennis: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 09-18-2019
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,326.00
  • Unit Actual Rent: $1,275.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,014.00
  • Unit Actual Rent: $957.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,222.00
  • Unit Actual Rent: $1,175.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $806.00
  • Unit Actual Rent: $775.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $51,727.00
  • Assessed Land Value: $50,046.00

Property History for 5119 Colfax Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5119 Colfax Avenue

Taxable ValueLand$1,051,178Additions$328,492Total$1,379,670
Tax Record2023$17,518 ($1,460 / month)
Home Facts
Total Finished SqFt2,719 SqFtAbove Grade Finished SqFt2,719 SqFtLot Size8,808 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningLARD1.5CountyLOS ANGELESAPN2355-005-056

Schools near 5119 Colfax Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Colfax Charter Elementary School
CharterK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Bobby Stefano, DRE #01310669

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.