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4628 Colfax AVE Valley Village, CA 91602
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR20024518
Year Built 1979
Lot Size 7,261 Sqft
Property Description
Back on market, buyer did not perform. Excellent 4 unit building located near Studio City. Built in 1979 and eligible for rent increase of 7.5% by August 2020 which will increase the rental income to $99,007. Achieve 13.63 GRM as of August 2020. Subject consists of (four) 2 bedroom + 2.5 bath townhome style apartments with approximate rentable square footage of 4,796 per assessor. Property has in-unit washer/dryer, dishwashers, central a/c & heat, and fireplace. Similar properties in the area are in escrow between $1,599,000 -$1,799,000. Submit all cash offers only. Accepted an offer, but accepting backup.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning LARD1.5
Interior
Laundry Inside
Exterior
Pool None
Community Features Sidewalks, Valley
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Anie Mayelian • Keller Williams Encino-Sherman Oaks