5027 Colfax 1, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 3 bath
5027 Colfax 1
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 5027 Colfax 1, North Hollywood, California 91601 is currently available with a list price of $879,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'good' rating. The home is move-in ready and well-maintained, featuring high-quality elements such as hardwood flooring, granite countertops, and stainless steel appliances. While the kitchen and bathroom styles reflect the original construction period, the overall condition shows minimal wear and tear with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Private Rooftop Terrace
The property features a rare private rooftop terrace with city light views, providing an exceptional outdoor entertaining space that is highly sought after in the North Hollywood market.
- Modern End-Unit Design
Built in 2006, this end unit offers high ceilings, abundant natural light, and a spacious 1,710 sqft open-concept floor plan that provides the feel of a single-family residence.
- Exceptional Storage Capacity
The inclusion of a large private basement is a unique and valuable asset for a townhouse, offering significant space for storage or specialized utility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7049, other record lot size in square feet = 6973.
- Tandem Parking Configuration
The two assigned parking spaces are in a tandem arrangement, which can be a daily inconvenience for multi-driver households requiring frequent vehicle movement.
- High Monthly HOA Fees
At $500 per month for a small 5-unit complex, the association dues represent a significant recurring cost that may impact the debt-to-income ratio for some buyers.
About 5027 Colfax 1
Excellent location in North Hollywood adjacent to Valley Village. Come fall in love with this beautiful Modern Mediterranean end unit on a tree lined street. This home is filled with natural light and an open living concept that are ideal for everyday living and entertaining. Clean lines, large windows, and a seamless flow throughout the living area. Open the sliding glass doors and enjoy the evening breezes. A beautiful front door is located on Hesby Street set back from Colfax that gives you the peace and serenity you desire. This end unit is part of a rare 5 unit building. High ceilings, beautiful light fixtures, hardwood floors, and plantation shutters are some of the features this home offers. Large kitchen includes stainless steel appliances, granite countertops, and opens to the dining area. Living room has a cozy fireplace and two balconies. The grand master bedroom has amazing high ceilings, a second fireplace, another balcony, and a walk-in closet. The spacious master bathroom has dual sinks, soaking tub for those long days and a walk-in shower. Two addition bedrooms with plantation shutters, a full bath, and an indoor laundry room are also located on that level. A roof top private terrace with city light views can be found on the top floor. A large private basement perfect for all your stuff is located on the bottom level. Two tandem parking spaces are in a gated parking garage. Conveniently located on a quite street close to schools, shopping, and transportation. This home blends architectural elegance with modern comfort. Come see it today.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2006
- Lot Size
- 7,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $500.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,710 | 1,583 | 63% |
| Lot Size | 7,049 | 15,858.5 | 13% |
| Price | $879.9K | $830.0K | 63% |
| Price per sq ft | $515 | $516 | 50% |
| Built year | 2006 | 1989 | 63% |
| HOA | $500.0 | $480 | 50% |
| Days on market | 9 | 197 | 13% |
Pricing History
Listed for Sale
Feb 25, 2026
$879,900
Initial Listing
Sold
Nov 23, 2011
$480,000
Public Record
Sold
Nov 15, 2006
$596,000
Public Record