Property Detail

5844 Colfax

North Hollywood CA 91601

$1,499,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Max Goltz of Equity Union. Last updated 2026-05-28 08:14:33.000000. Listing information © 2025 CRMLS.

Megan Root

Megan Root

CA DRE# 01351843
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