NOT LISTED FOR SALE

5440 Colfax Ave North Hollywood, CA 91601

Studio City Area

Estimated Value: $1,128,000 - $1,504,804

3 Beds
2 Baths
1,454 Sq Ft
$856/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2013

Last sale price $575,000 $395 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,796 / mo

101 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • Loft
  • North Hollywood Senior High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of March 2013

Great Duplex in Valley Village*Both Units have Central Air/Heat*Hardwood Floors*Front Unit has 2 Bedrooms/1 Bath*Fireplace in Living Room*Beam Ceilings*Ktichen with eating area*Covered Patio*Stainless Steele Appliances*Rear Unit is 1 bedroom/ 1 bath plus loft*Eating area in Kitchen*Loft could be 2nd bedroom upstairs*Covered Patio*Both Units seperate metered, gated*Large Yard with Pool*

Last Agent to Sell the Property

LoriLee King

Ramsey-Shilling Assoc. License #01053035 Listed on: 11/05/2012

Last Buyer's Agent

Alin Glogvicean

No Firm Affiliation License #01327641

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,861 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Loft
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 47
  • Tax Tract Number 9959
  • Assessor Parcel Number 2348001052

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,100
  • Insurance Expense $500
  • Pool Expense $1,352
  • Professional Management Expense $2,167
  • New Taxes Expense $7,487
  • Gross Income $3,164
  • Net Operating Income $25,849

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

6,861 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2167.00
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 2348001052
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 395.46
  • Room Type: All Bedrooms Down, Loft, Living Room

Exterior Features

  • Pool Expense: 1352.00
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6861.00
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3164.00
  • Gross Scheduled Income: 30968.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6861.0000 Square Feet
  • Net Operating Income: 25849.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 1301.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7487.00
  • Tax Lot: 47
  • Tax Tract Number: 9959
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Bought by
Current Estimated Value
$1,244,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,000
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2012
Closed on
Feb 18, 2013
Sold by
Bought by
Seller's Agent
LoriLee King
Ramsey-Shilling Assoc.
Buyer's Agent
Alin Glogvicean
No Firm Affiliation
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$554,875
Interest Rate
0.0287%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
0.0575%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$920,000 Stewart Title Of Ca Inc
$575,000 Old Republic Title Company
$555,000 --
$345,000 Ctc
$252,500 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $782,000
Previous Owner $250,000
Previous Owner $143,200
Previous Owner $75,000
Previous Owner $517,500
Previous Owner $554,875
Previous Owner $150,000
Previous Owner $444,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $575,000 -4.0% $395 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $599,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,143 $995,835 $597,501 $398,334
2024 $12,028 $976,310 $585,786 $390,524
2023 $11,796 $957,167 $574,300 $382,867
2022 $11,247 $938,400 $563,040 $375,360
2021 $11,111 $920,000 $552,000 $368,000
2020 $7,982 $647,435 $281,494 $365,941
2019 $7,667 $634,741 $275,975 $358,766
2018 $7,544 $622,296 $270,564 $351,732
2016 $7,204 $598,133 $260,058 $338,075
2015 $7,098 $589,149 $256,152 $332,997
2014 $7,129 $577,610 $251,135 $326,475
Source: Public Records

Agents Affiliated with this Home

  • LoriLee King

    Seller's Agent in 2013

    LoriLee King

    Ramsey-Shilling Assoc.

    (818) 402-4175

    49 Total Sales

    LoriLee King
    Section Image

  • A

    Buyer's Agent in 2013

    Alin Glogvicean

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR12137447

California Regional Multiple Listing Service (CRMLS)

APN: 2348-001-052

California Los Angeles County North Hollywood 91601

5440 Colfax Ave, North Hollywood, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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