Select any section below to open the full analysis. Start with the BOV for investment highlights, comps, and our pricing rationale.
01 / Main Analysis
Broker Opinion of Value
Property overview, investment highlights, location narrative, buyer profile, rent comps, unit mix, operating statement, sale comparables, and our rationale for $1,500,000.
$121,318
EGI (In-Place)
$105,383
NOI (Pro Forma)
8 Studios
550 SF Each
Non-RSO
1985 Vintage
02 / Pricing Range
Range of Value
Cap rate sensitivity table from $1,375,000 to $1,625,000 in ~$50,000 steps. Shows how price/unit, price/SF, GRM, and cap rate move at each price point. $1,500,000 highlighted.
03 / Sale Economics
Estimated Net Proceeds
Full closing cost breakdown — county & city transfer taxes, commissions, title, and escrow. No loan payoff — property is free and clear.
04 / Area Expertise
Track Record & Inventory
Interactive map of LAAA's closed transactions in North Hollywood, Valley Village, Studio City, Toluca Lake, and Van Nuys — plus current active inventory at laaa.com.
Property Quick Facts
Address
5638 N Colfax Ave
City / Zip
North Hollywood, CA 91601
APN
2339-015-059
Year Built
1985 — Non-RSO
Units
8 All-Studio
Unit Size
550 SF Each
Building SF
4,524 SF
Lot SF
6,970 SF
Parking
8 Spaces (3 Covered)
Existing Loan
None — Free & Clear
Annual GSR (In-Place)
$124,080
Rent Upside
$42,780/yr (35.7%)