5438 Colfax Avenue, Valley Village, CA 91601

Description

Presenting a rare and valued investment opportunity located in prime Valley Village: A vibrant, picturesque tree lined community and one of the most sought after neighborhoods in the San Fernando Valley. A beautifully reimagined property that offers the versatility of TWO VACANT HOMES ON A LOT with LARD1.5 zoning. An exceptional offering for investors, owner-users, or those seeking the ideal multi-generational living arrangement. Thoughtfully designed to balance privacy, comfort, and shared outdoor living, the property embodies the flexibility and lifestyle today's buyers desire. The gated exterior is a well-manicured, eco-friendly fusion of garden and greenery offering exceptional curb appeal. The front residence has been extensively remodeled and showcases a light-filled two-bedroom, one-bath floorplan where contemporary finishes and thoughtful design create a warm, inviting atmosphere. The modernized bath features sleek subway tile and Kohler fixtures. The kitchen is an open culinary center where style, form and function unite with sleek quartz countertops and high end Viking professional appliances. Privately positioned beyond the sparkling pool, the rear residence offers a charming one-bedroom, one-bath layout enhanced by a spacious loft that provides endless flexibility as an office, creative studio, guest accommodations, or additional living space. A generous freshly landscaped gated grassy backyard creates a peaceful retreat ideal for outdoor recreation, gardening, or quiet relaxation. The resort-inspired solar heated pool serves as the centerpiece of the property, creating a natural gathering place while thoughtfully separating the two homes to provide both connection and privacy. Each residence is independently equipped with its own washer and dryer, adding convenience and enhancing the property's livability. Centrally located with proximity to Universal, Burbank, Disney, CBS, and Warner Bros. Studios, beloved Valley Village Park, the Metro Line, the famed NoHo Arts District and the NoHo West mega-complex. Whether you're looking to generate rental income, accommodate extended family, or enjoy the flexibility of living in one home while leasing the other, this exceptional property presents a wealth of possibilities. A unique investment opportunity combining versatility, lifestyle, and enduring value. Welcome!

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$1,218,000

Sold August 2026 · listed $1,050,000, on market July 2026, 9 days on market · MLS #26857317 · Source: CRMLS

Listing Agent: Michael J. Okun · Listing Office: Sotheby's International Realty · Contact: 818-990-8700 · Bought with: Danielle Walder · Coldwell Banker Realty

$1,218,000

Sold August 2026 · listed $1,050,000, on market July 2026, 9 days on market · MLS #26856869 · Source: CRMLS

Listing Agent: Michael J. Okun · Listing Office: Sotheby's International Realty · Contact: 818-990-8700 · Bought with: Danielle Walder · Coldwell Banker Realty

$920,000

Sold July 2020 · listed $899,000, orig. $949,000, on market May 2020, 34 days on market · MLS #BB20091846 · Source: CRMLS

Listing Agent: Alin Glogovicean · Listing Office: Redfin Corporation · Contact: 877-973-3346 · Bought with: Bradley Gilboe · Keller Williams WMC

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