5131 Colfax Avenue Valley Village, CA 91601

Charming newer 8 unit apartment building with a value Add. All units are equipped with Central Air & Heat, Washer & Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Originally ...being built as 9 units, two units were combined together to approve it as a Condo Project. The process was never completed. The new owner could re-convert the one large 4 BR unit (which is leased for one year) back into two 1270 sq ft units (one 2 BR 2.5 BA unit & one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest. Continue reading