5844 Colfax Avenue
North Hollywood, CA, 91601 $ 1,499,000
Bedrooms3 Baths1.0 Sq 1,031 Monthly Estimate*
$ 9,230
for $1,499,000 with 3 bedrooms and 1 full bath. This 1,031 square foot home was built in 1940 on a lot size of 0.1562.
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.
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FeaturesGeneralLiving Area 1031
Heating Central
Cooling Central Air
Possession Close Of Escrow Negotiable
Zoning LARD3
Architectural Style Ranch
Pool Features None
Security Features 24 Hour Security
Year Built 1940
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage true
Other Structures Shed(s)
Full Baths 1
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional FHA
Directions Waze*
City North Hollywood
Senior Community Y/N false
MLS Area NHO - North Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6802
Spa Features None
Property Attached Y/N false
Property Condition Fixer Repairs Cosmetic
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Single Family Residence
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InteriorFlooring Wood
Furnished Y/N Unfurnished
Fireplace Features None
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 3
Total Baths 1
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ExteriorTotal Parking 2
Lot Size Area 6802
Spa false
Building Area Total 1031
Lot Dimensions 50x136
Lot Size Acres 0.1562
Private Pool false
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* Excluded FeaturesList Bymax.s.goltz@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,230
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in North Hollywood, CA
Average List Price $1,236,985
Percent of Sale Price 17%
About North Hollywood, CA 158,455 Population
0% Since 2002
$ 0 Median Income
0 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/16/2026 | $1,499,000 | | Listed Price |