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    4710 Colfax Avenue

    Valley Village, CA 91602
    • $2,525,000
    • STATUS: Active Under Contract
    • ON SITE: 113 days
    • ID#: SR20173643
    Under Contract
    UPDATED: 54 min ago
    $2,525,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,532
      SQFT
    • $335
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    4710 Colfax Ave in Valley Village is on the market for the first time in 23 years! This beautiful 8 units complex is in a wonderful and desirable location. This offering presents a rare opportunity for an investor / owner user to acquire a very well-located apartment community in one of the most sought after locations in the Valley. 6-2+1.5, 1-3+2, and 1+1. The property has undergone a lot of upgrades recently with most units redone with wood floors, new kitchens and new double pane windows. Newly painted and in updated condition. Near studios, freeways and shopping. Indoor laundry area with two W & D's. Covered parking. Gated entry and parking. BOM!!Hurry! WE DON'T THINK THE BUYER IS GOING TO PERFORM! NEED A BACK UP OFFER!!

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    Based on information from CRISNet MLS as of 2021-01-16T15:56:05.197. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-16T15:56:05.197. 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.
    www.lydiagable.com/homes/110352971
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    4710 Colfax Avenue Valley Village, CA 91602

    • Price: $2,525,000
    • Status: Active Under Contract
    • Updated: 54 min ago
    • ID#: SR20173643
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    7,532
    SQFT
    $335
    $/SQFT
    1963
    Built
    Neighborhood:
    Vvl - Valley Village
    County:
    Los Angeles
    Area:
    Vvl - Valley Village
    Property Description
    4710 Colfax Ave in Valley Village is on the market for the first time in 23 years! This beautiful 8 units complex is in a wonderful and desirable location. This offering presents a rare opportunity for an investor / owner user to acquire a very well-located apartment community in one of the most sought after locations in the Valley. 6-2+1.5, 1-3+2, and 1+1. The property has undergone a lot of upgrades recently with most units redone with wood floors, new kitchens and new double pane windows. Newly painted and in updated condition. Near studios, freeways and shopping. Indoor laundry area with two W & D's. Covered parking. Gated entry and parking. BOM!!Hurry! WE DON'T THINK THE BUYER IS GOING TO PERFORM! NEED A BACK UP OFFER!!
    Exterior Features

    Architectural Style Contemporary Carport Spaces 7.00 Construction Materials Drywall WallsPlaster Exterior Features LightingSatellite DishTv Antenna Fence YN Yes Fencing Block Foundation Details Concrete PerimeterRaisedSlab Levels Two Lot Features 16-20 Units/AcreFront YardGardenLawnLevel With StreetLot 6500-9999Rectangular LotLevelNear Public TransitPavedSprinklers In FrontSprinklers TimerWalkstreet Lot Size Area 9800.0000 Lot Size Dimensions 70X140 Parking Features AssignedAuto Driveway GateCarportAttached CarportControlled EntranceCoveredDrivewayAsphaltPavedDriveway LevelGatedSide By Side Parking Total 8.00 Parking YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Common RoofCompositionFoam Uncovered Spaces 1.00 View None View YN No

    Interior Features

    Appliances Built-In RangeDishwasherDisposalGas OvenGas RangeGas CooktopHigh Efficiency Water HeaterMicrowaveRefrigerator Appliances YN Yes Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Energy Star Qualified DoorsInsulated DoorsMirror Closet Door(S) Fireplace Features None Fireplace YN No Flooring LaminateWood Heating Wall FurnaceGravityNatural Gas Heating YN Yes Interior Features 2 StaircasesBlock WallsCeiling Fan(S)Ceramic CountersCorian CountersFormica CountersOpen FloorplanRecessed LightingStorageUnfurnishedWired For Data Laundry Features Common AreaCommunityGas & Electric Dryer HookupIndividual Room Laundry YN Yes Room Type KitchenLaundryLiving Room Window Features Casement WindowsDouble Pane WindowsInsulated WindowsScreens

    Property Features

    Additional Parcels YN No Association Amenities Outdoor Cooking AreaPest ControlStorageCable TvEarthquake InsuranceElectricityGasInsuranceMaintenance GroundsTrashUtilitiesSewerWaterControlled AccessHot Water Association Fee 0.00 Association YN No Community Features CurbsGuttersSidewalksStorm DrainsStreet LightsValley Electric 220 Volts in Kitchen220 Volts in LaundryElectricity - On Property Electric Expense 4500.00 Gardener Expense 1500.00 Gross Income 164256.00 Gross Multiplier 15.30 Gross Operating Income 160000.00 Gross Scheduled Income 164256.00 Improvements Amount 458807 Insurance Expense 5000.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 1200.00 Maintenance Expense 4000.00 Net Operating Income 110000.00 New Construction YN No New Taxes Expense 28000.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Number Of Units Leased 8 Operating Expense 50000.00 Operating Expense Percent 31.00 Other Income Description Rented Shed Pest Control Expense 680.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Property Condition Turnkey Rent Control YN Yes Security Features Automatic GateCarbon Monoxide Detector(S)Card/Code AccessGated CommunitySecurity System Senior Community YN No Sewer Public SewerSewer Paid Spa Features None Spa YN No Special Listing Conditions Standard Tenant Pays Cable TvGasTelephone Total Expenses 50000.00 Trash Expense 5000.00 Utilities Cable AvailableCable ConnectedElectricity ConnectedNatural Gas AvailablePhone AvailableSewer ConnectedWater Connected Water Sewer Expense 0.00 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Judy Hebert, CA DRE# , of Coldwell Banker Realty.


    Based on information from CRISNet MLS as of 2021-01-16T15:56:05.197. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-01-16T15:56:05.197. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377