Gayane Yaffa
Christie's International Real Estate SoCal
(213) 933-9827
51 Total Sales
1 in Studio City
$1,139,000 Price
5451 Colfax Ave North Hollywood, CA 91601
Studio City AreaEstimated Value: $1,269,330
6
Beds
3
Baths
2,444
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Granite Countertops
- No HOA
- Wood Flooring
- Lawn
- Neighborhood Views
About This Home
As of October 20205451 Colfax is a charming, well-maintained triplex situated on a 6,567 square foot CORNER LARD1.5 lot in amazing Valley Village- moments from the heart of the NoHo Arts District, Studio City & Tujunga Village. It is made up of three adorable 2b/1b units- two of which will be delivered vacant! Electric, plumbing & roof have all been updated, making this property a true steal at $1,060,000. Check out the video tour to find awesome features such as: fireplaces in all units, a huge enclosed patio in the rear, a private patio for the front unit, an enormous front yard, three 1-car garages, beautiful hardwood floors, gorgeous kitchens with breakfast nooks, & ideal floorplans that tenants will fall in love with. 5451 Colfax offers unlimited options for developers, investors & owner occupiers!
1. Build! This property is on a corner LARD1.5 lot with an ALLEY! Based on our nearby new construction sales, we project an estimated value of $2,500,000+ on a fourplex here. Note- 1 tenant still remains- due diligence required on relocations.
2. Invest/fix & flip! These cottage-like units are truly charming & would be the perfect candidate for an easy flip! With 2 units vacant, you could affordably raise the value of this property right away & either re-sell or keep!
3. Owner occupy! The front cottage would be the perfect place to call home! Have the tenants pay your mortgage… Or make it a family compound & occupy both of the units that will be delivered vacant.
Last Agent to Sell the Property
Myunits.com Inc. License #01921425 Listed on: 09/08/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 6,567 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Sprinkler System
- Lawn
- Front Yard
- Value in Land
Parking
- 3 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,444 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Tax Tract Number 13069
- Assessor Parcel Number 2348007020
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,222
- Maintenance Expense $900
- Water Sewer Expense $1,900
- New Taxes Expense $12,447
- Operating Expense $17,369
- Gross Income $5,136
- Net Operating Income $43,031
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
Sep 18, 2023
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2020
Closed on
Sep 15, 2020
Sold by
Bought by
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$1,060,000
Sold Price
$1,100,000
Premium/Discount to List
$40,000
3.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$770,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2006
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
$602,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 15, 2006
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
$602,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 22, 2005
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
$602,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 18, 2003
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
$373,500
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 2001
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
$272,000
Interest Rate
8.75%
Purchase Details
Closed on
Jul 30, 1999
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
$216,000
Interest Rate
7.56%
Purchase Details
Closed on
Nov 24, 1998
Sold by
Bought by
Purchase Details
Closed on
Sep 2, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 28, 1997
Sold by
Bought by
Purchase Details
Closed on
Sep 15, 1997
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Hollywood, CA
-
Gayane Yaffa
-
Bobejo Kelley
Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Studio City
$1,200,000 Price
-
Victoria Waldorf
Victoria Waldorf
Equity Union
(747) 293-4720
88 Total Sales
1 in Studio City
$580,000 Price
-
Judy Schlegel
Judy Schlegel
Re/Max Tri-City Realty
(818) 412-9626
22 Total Sales
1 in Studio City
$810,000 Price
-
Jeremy Gray
Jeremy Gray
Keller Williams VIP Properties
(661) 486-4749
50 Total Sales
2 in Studio City
$790K - $1.8M Price Range
-
Chad Singer
Chad Singer
Responds QuicklyAmalfi Estates
(855) 936-0705
91 Total Sales
3 in Studio City
$798K - $2.5M Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,100,000 | Provident Title | ||
| $752,500 | None Available | ||
| -- | Provident Title Company | ||
| -- | Provident Title Company | ||
| -- | Provident Title Company | ||
| -- | Provident Title Company | ||
| -- | -- | ||
| $415,000 | First Southwestern Title Of | ||
| -- | Commonwealth Title | ||
| $240,000 | Fidelity National Title | ||
| $188,500 | Chicago Title Co | ||
| $149,791 | Fidelity National Title Ins | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $200,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $999,999 | ||
| Previous Owner | $770,000 | ||
| Previous Owner | $602,000 | ||
| Previous Owner | $377,000 | ||
| Previous Owner | $373,500 | ||
| Previous Owner | $19,200 | ||
| Previous Owner | $326,400 | ||
| Previous Owner | $272,000 | ||
| Previous Owner | $216,000 |
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 |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $1,100,000 | +3.8% | $450 / Sq Ft |
| 09/13/2020 09/13/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $1,060,000 | -- | $434 / 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 | $17,349 | $1,422,900 | $972,570 | $450,330 |
| 2024 | $17,125 | $1,395,000 | $953,500 | $441,500 |
| 2023 | $14,116 | $1,144,440 | $686,664 | $457,776 |
| 2022 | $13,460 | $1,122,000 | $673,200 | $448,800 |
| 2021 | $13,292 | $1,100,000 | $660,000 | $440,000 |
| 2019 | $11,185 | $921,850 | $409,165 | $512,685 |
| 2018 | $11,096 | $903,776 | $401,143 | $502,633 |
| 2016 | $9,900 | $810,000 | $355,300 | $454,700 |
| 2015 | $9,901 | $810,000 | $355,300 | $454,700 |
| 2014 | $7,215 | $838,876 | $372,337 | $466,539 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
Seller's Agent in 2020
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
88 Total Sales
-
Ian Maddox
I
Seller Co-Listing Agent in 2020
Ian Maddox
Myunits.com Inc.
(818) 859-7242
52 Total Sales
-
Cesar Leyva
Buyer Co-Listing Agent in 2020
Cesar Leyva
Beverly & Company Luxury Properties
(424) 202-4243
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB20181972
APN: 2348-007-020
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.
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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