5802 Colfax Avenue, North Hollywood, California 91601, North Hollywood, 91601 - 6 bed, 4 bath

5802 Colfax Avenue, North Hollywood, California 91601 home-pic-0
ACTIVE$1,400,000$3,520/sqft
5802 Colfax Avenue, North Hollywood, California 91601
6Beds
4Baths
3,520Sqft
6,827Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Legal Duplex & Income Potential: This property is a legal duplex, offering excellent potential for rental income or a flexible owner-user arrangement, a significant advantage in the North Hollywood market.
Top Cons:
Age of Property: Built in 1925, the property's age, despite upgrades, may imply potential for older infrastructure (plumbing, electrical, foundation) that could require future maintenance or investment.

Compared to the nearby listings

Price:$1.40M vs avg $1.52M ($-125,000)50%
Size:3,520 sqft vs avg 3,382 sqft60%
Price/sqft:$398 vs avg $45220%

More Insights

Built in 1925 (101 years old).
Condition: Despite being built in 1925, this duplex has undergone extensive and high-quality renovations in both units, including remodeled kitchens with modern shaker cabinets, stainless steel appliances, and contemporary backsplashes, as well as updated bathrooms with new vanities, tiling, and fixtures. Laminate flooring and recessed lighting are present throughout, making the property move-in ready. However, the original build year and the lack of explicit mention of a central cooling system prevent it from reaching an 'Excellent' score, as some underlying older systems may still be present or require future attention.
Year Built
1925
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
GD25273807
Home ConditionGood
Features
Patio
View-

About this home

Legal Duplex offering a combined 3,520 sq ft of living space, ideally located in the City of North Hollywood. Both units are fully detached, providing excellent privacy and flexibility for owner-users or investors. 5802 Colfax Ave features approximately 1,070 sq ft with 2 bedrooms and 1 bathroom. This unit has been tastefully upgraded with a remodeled kitchen and bathroom, laminate flooring, recessed lighting, and updated finishes throughout. 11685 Hatteras St offers an expansive 2,450 sq ft with 4 bedrooms and 3 bathrooms, including 1 bedroom and 1 bathroom on the main level. Upgrades include an updated kitchen, remodeled bathrooms, recessed lighting, and private gated access. Each unit enjoys its own outdoor seating area, perfect for entertaining or relaxing with friends and family. A rare opportunity to own a well-maintained, detached duplex in a desirable location.

H
Harout Aloyan
Listing Agent

Price History

Date
Event
Price
09/05/18
Sold
$1,185,000
07/10/06
Sold
$850,000
Condition Rating
Good

Despite being built in 1925, this duplex has undergone extensive and high-quality renovations in both units, including remodeled kitchens with modern shaker cabinets, stainless steel appliances, and contemporary backsplashes, as well as updated bathrooms with new vanities, tiling, and fixtures. Laminate flooring and recessed lighting are present throughout, making the property move-in ready. However, the original build year and the lack of explicit mention of a central cooling system prevent it from reaching an 'Excellent' score, as some underlying older systems may still be present or require future attention.
Pros & Cons

Pros

Legal Duplex & Income Potential: This property is a legal duplex, offering excellent potential for rental income or a flexible owner-user arrangement, a significant advantage in the North Hollywood market.
Detached Units for Privacy: Both units are fully detached, providing superior privacy for occupants compared to typical attached duplexes, enhancing tenant satisfaction and owner-user experience.
Desirable North Hollywood Location: Ideally located in the City of North Hollywood, a sought-after area known for its amenities, entertainment, and accessibility, contributing to strong demand and property value.
Extensive Upgrades & Modern Finishes: Both units have been tastefully upgraded with remodeled kitchens and bathrooms, laminate flooring, recessed lighting, and updated finishes, reducing immediate renovation needs for a buyer.
Spacious Living & Flexible Layout: Offering a combined 3,520 sq ft, including an expansive 2,450 sq ft unit with 4 beds/3 baths, providing ample space and flexibility for various living arrangements or tenant profiles.

Cons

Age of Property: Built in 1925, the property's age, despite upgrades, may imply potential for older infrastructure (plumbing, electrical, foundation) that could require future maintenance or investment.
Lack of Mentioned Cooling System: The description does not specify the presence of a cooling system (e.g., central AC), which is a significant comfort factor and expectation in the Southern California climate.
No View: The property explicitly states 'None' for views, which might be a drawback for buyers prioritizing scenic outlooks or commanding a premium in certain markets.
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