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5444 Colfax Avenue, Valley Village, CA 91601

Property

For sale now

5444 Colfax Avenue is on the market at $1,450,000 (8 bd · 4 ba · 3,787 sqft). See the current listing →

5444 Colfax Avenue, Valley Village, CA 91601 Sold January 2020 CRMLS
$1,382,490Sold January 2020

Listing Agent: Anie Mayelian (DRE #00778825) · Listing Office: Keller Williams Encino-Sherman Oaks · Contact: 818-380-5100 · Bought with: David Weinberger · Keller Williams Studio City · MLS #SR19251214 · Source: CRMLS

6,862 sqft
Lot Size
1954
Year Built
Property
Type
2
Stories
4
Garage
WallWindowUnits
Cooling

How this sale compares

5444 Colfax Avenue sold for $1,382,490 in January 2020, 0.9% under its $1,395,000 list price, after 35 days on the market. Across 95 closed sales in 91601 over the last 12 months, the median sold price is $1,050,000 and the median is $601 per square foot.

$601
91601 median per sq ft (12 mo)
$1,050,000
91601 median sold price (12 mo)
95
Closed sales in 91601 (12 mo)
35
Days on market
−0.9%
Sold vs. list price
QuarterClosed sales in 91601Median sold price
Q1 202611$875,000
Q2 202641$1,200,000
Q3 202643$1,040,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Valley Village · Homes for sale in 91601

About this property

Excellent 4 unit building located in Valley Village with an estimated rental upside of 38%. Low interest rate financing available.  The property boasts a great unit mix of four 2 bedroom/1 bathroom units. One unit is totally remodeled ground up with new kitchen, bathroom,flooring and paint. Gross income of $86,400. Colfax Terrace is Individually metered for gas and electricity.  Individual water heaters in each unit. The apartments sit on a 6,862 square foot lot and has 3,787 square foot of rentable square footage. The Valley Village community is a highly desirable area rich in culture and traditions and centrally located with easy access to public transportation. The property is located close to the 101, 134, and 170 freeways. See supplements for offering memorandum and rent roll.

Listing description from the January 2020 sale, as reported to CRMLS.

Sale history

$1,382,490
Sold January 2020 · listed $1,395,000, on market October 2019, 35 days on market · MLS #SR19251214 · Source: CRMLS
Listing Agent: Anie Mayelian · Listing Office: Keller Williams Encino-Sherman Oaks · Contact: 818-380-5100 · Bought with: David Weinberger · Keller Williams Studio City

Recent sales near 5444 Colfax Avenue

MLS-reported closed sales in 91601, nearest first (last 12 months). All recent sales in Valley Village →

Questions about 5444 Colfax Avenue

When did 5444 Colfax Avenue last sell?

5444 Colfax Avenue last sold in January 2020 for $1,382,490, according to CRMLS-reported closed sales.

What did 5444 Colfax Avenue sell for?

$1,382,490, 0.9% below the $1,395,000 list price, after 35 days on the market.

How does that compare to other Valley Village sales?

95 homes closed in ZIP 91601 over the last 12 months at a median of $1,050,000 ($601 per square foot).

Is 5444 Colfax Avenue for sale now?

Yes — 5444 Colfax Avenue is currently on the market at $1,450,000. Open the current listing on Nalren for photos, details and the listing agent.

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