5844 Colfax Avenue
North Hollywood, CA 91601

Welcome to the desirable neighborhood near NoHo West, where an incredible investment opportunity awaits. This property, zoned RD3 on a spacious 6,700 Sq Ft lot, presents the unique potential to build one or more Accessory Dwelling Units (ADUs). With RD3 zoning on a generous lot, the property provides the rare opportunity to explore development possibilities, including the construction of one or more ADUs. This adds a valuable layer of versatility for those looking to maximize the potential of this North Hollywood gem.This cozy home offers the perfect setting to raise your family in a community surrounded by excellent schools, both public and private. The spacious backyard, perfect for children to play, also provides an inviting space for small parties or family gatherings, complete with a covered patio for comfortable outdoor entertaining.Centrally located, this residence is conveniently situated near shopping centers, television and movie studios, sound studios, restaurants, and freeway access. NoHo West and the vibrant NoHo Arts District are just moments away, offering a myriad of entertainment and cultural experiences. Explore the nearby Chandler Bike Path, enjoy the amenities of the local dog park, and benefit from easy access to Orange Line Metro Transportation and Burbank Airport.In 2020, a brand-new 3 Ton A/C system and furnace were installed and permitted, ensuring year-round comfort and energy efficiency. Whether you're looking for a cozy family home or considering development opportunities, this North Hollywood residence offers a myriad of possibilities. Seize this opportunity to make it your own.