CBRE, Inc. is pleased to present 5444 Colfax Avenue, a well-located multifamily property in the sought-after Valley Village neighborhood of Los Angeles. Located between Simpson Avenue and Troost Avenue, with proximity to the Hollywood Freeway and Chandler Boulevard, this property offers an excellent entry point for investors in the Los Angeles market.
This two-story building, constructed in 1954 and fully renovated in 2019, features four units within ±3,787 SF on a ±6,862 SF LARD1.5 zoned lot. Residents benefit from a vibrant surrounding community, with immediate access to a wide array of dining, grocery, and retail options, as well as convenient access to major thoroughfares connecting to North Hollywood, Korea Town, and Larchmont. The property also presents a significant upside potential with the possibility of ADU construction in the existing carport area. 5444 Colfax Ave presents a solid investment opportunity, providing both stability and the potential for long-term appreciation.