Search
5914 Coldwater Canyon Ave, Valley Village, CA 91607
Image 2 for 5914 Coldwater Canyon Ave, Valley Village, CA 91607
Image 3 for 5914 Coldwater Canyon Ave, Valley Village, CA 91607
View Photos

5914 Coldwater Canyon Ave Valley Village, CA 91607

$1,825,000
  • 8 Beds
  • 6 Baths
  • 5,978 Sq.Ft.
For Sale
$1,825,000 Get Pre-Qualified
Map preview of 5914 Coldwater Canyon Ave, Valley Village, CA 91607

Property Overview: 5914 Coldwater Canyon Ave Valley Village, CA has 8 bedrooms, 6 bathrooms, 5,978 living square feet and 6,791 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The Coldwater Canyon apartments a six unit building in Valley Village. Located on a corner lot, there is a potential to build three additional accessory dwelling units (ADUs). This opportunity not only enhances rental income potential but also maximizes property value, making it a highly attractive investment in a market where space and housing options are increasingly coveted. There is approximately 50% rent upside and the building is separately metered for gas and electricity.

Listed by Henry Garcia | BRE #01303784 | Real Broker
Co-listed by Phuong Lynn Tran | BRE #02059032 | Real Brokerage Technologies, Inc.
Last checked: 14 minutes ago | Last updated: September 4th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,791
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24432433
City
Valley Village
County
Los Angeles
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,424
  • Total Rent: $5,697
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,365
  • Total Rent: $2,730
  • Pro Forma/Market Rent: $4,590
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.25%
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $59,278
  • Gross Operating Income: $98,094
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $22,813
  • Gardener: $1,200
  • Insurance: $3,500
  • Maintenance: $3,000
  • Other Expenses: $4,260

Open Houses for 5914 Coldwater Canyon Ave

No upcoming open houses

Schedule Tour

Property Details for 5914 Coldwater Canyon Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Total # of Units: 6
  • Parcel Number: 2341007034
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 101 fwy, head north on Coldwater Canyon and property will be on your right
View more facts & features

Local Valley Village Agent

Sale History for 5914 Coldwater Canyon Ave

Last sold for $730,000 on July 16th, 2010

  • August, 2024

  • Aug 27, 2024

    Date

    Active

    CRMLS: 24432433

    $1,825,000

    Price

  • April, 2024

  • Apr 29, 2024

    Date

    Canceled

    CRMLS: 24360631

    $1,800,000

    Price

  • Feb 19, 2024

    Date

    Active

    CRMLS: 24360631

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to exclusively present 5914 Coldwater Canyon Ave, a remarkable investment opportunity in the heart of Valley Village. Note: Seller may carry. This meticulously maintained 6-unit property spans approximately 5,978 square feet on an approximately 6,789 square feet, zoned R3-1. Nestled in the prestigious Valley Village area, known for its affluent residential character with an average single-family home price of $2,062,857 and a median sales price of $1,745,000, the property stands as a beacon of potential.5914 Coldwater Canyon Ave boasts a well-conceived unit mix, comprising four one-bedroom/one-bathroom units alongside two spacious two-bedroom/one-bathroom units. Its prime location, just a block away from Los Angeles Valley College, anchors the property in a vibrant community and ensures a robust tenant base that includes local college students, offering stability and consistent demand. The investment potential is further enhanced by a rear detached garage, currently offering six parking spaces. This space is primed for the development of two additional 2-bedroom, 1-bathroom Accessory Dwelling Units (ADUs), potentially expanding the total unit count to eight and diversifying the income stream for a discerning investor. In terms of property improvements, 5914 Coldwater Canyon Ave does not disappoint. Four of the units have undergone tasteful remodeling, ensuring modern comfort and appeal. The building's plumbing system has been comprehensively upgraded, laying the groundwork for reduced maintenance concerns. Parking arrangements are currently designated for only two units, presenting an immediate opportunity to boost revenue by optimizing the use of available space. Utility-wise, the property stands out for its efficiency and cost-effectiveness. Each unit is separately metered for gas and electric and benefits from individual water heaters, a strategic setup that significantly lowers operating expenses and enhances the appeal for prospective tenants. In summary, 5914 Coldwater Canyon Ave is not just an investment in real estate; it's an opportunity to own a piece of Valley Village's charm and potential. With a substantial rental upside of over 60% in a high-demand rental area, this property promises to be a lucrative asset and an excellent hedge against inflation.

  • July, 2010

  • Jul 16, 2010

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • November, 2000

  • Nov 7, 2000

    Date

    Sold (Public Records)

    Public Records

    $465,000

    Price

Show More

Tax History for 5914 Coldwater Canyon Ave

Assessed Value (2020): $856,968
Year Land Value Improved Value Assessed Value
2020 $468,586 $388,382 $856,968

Home Value Compared to the Market

This property vs the competition

5914 Coldwater Canyon Ave is listed 40.38% higher than the median list price for the city of Valley Village which has a median list price of $1,299,999. The median price per/sqft for Valley Village is $675 and this home is listed at $305.29 per/sqft which puts the price per square foot 54.77% lower than the median price per square foot for the city of Valley Village.

About 5914 Coldwater Canyon Ave

Detailed summary of property

5914 Coldwater Canyon Ave is a multi family located in Valley Village, CA 91607 and is currently for sale. This multi family property offers 8 bedrooms, 6 bathrooms, roughly 5,978 living square feet, and sits on an approximately 6,791 square foot lot. 5914 Coldwater Canyon Ave was first listed on ArdentRealEstateGroup.com on August 27, 2024. The homeowner is currently asking $1,825,000. The median priced home in Valley Village is $1,299,999 with a median price per square foot of $675. Based on Ardent Real Estate Group's Valley Village Market Data, this home is listed 40.38% higher than the median priced home. Local competing homes currently for sale include 1414 N Las Palmas Ave, 454 N Genesee Ave and 6040 Graciosa Dr. While the average home in Valley Village, CA is selling in 77 days, 5914 Coldwater Canyon Ave has a days on market of 21 days. There are currently 62 homes for sale in the Valley Village real estate market and 37 of them are single family homes while 17 of them are condos and 8 are townhomes. For more information on this home for sale at 5914 Coldwater Canyon Ave Valley Village, CA 91607 contact Ardent Real Estate Group and we will put you in touch with one of our Valley Village agents.

Public Facts for 5914 Coldwater Canyon Ave

Public county record property details
Beds
8
Baths
6
Year built
1953
Sq. Ft.
5,978
Lot Size
6,789
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
64
APN
2341-007-034

The source for these homes facts are from public records.

91607 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$659
Median Sold Price
$1,407,000
Median Sold Price/Sq.Ft.
$769
Total Inventory
53
Median Sale to List Price %
104.22%
Avg Days on Market
20
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (23.53%)

Tour This Home

Image Description
Contact Jon
Valley Village Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5914 Coldwater Canyon Ave

Nearby Homes for Sale

3107 Hollycrest Dr, Los Angeles, CA 90068
$1,700,000
4 Beds
4 Baths
2692 Sq.Ft.
3107 Hollycrest Dr
Los Angeles, CA 90068
3107 Hollycrest Dr, Los Angeles, CA 90068
$1,700,000
4 Beds
5 Baths
2692 Sq.Ft.
3107 Hollycrest Dr
Los Angeles, CA 90068
1805 Nichols Canyon Rd, Los Angeles, CA 90046
$1,650,000
3 Beds
2 Baths
1662 Sq.Ft.
1805 Nichols Canyon Rd
Los Angeles, CA 90046
1918 Pinehurst Rd, Los Angeles, CA 90068
$2,185,000
7 Beds
6 Baths
3082 Sq.Ft.
1918 Pinehurst Rd
Los Angeles, CA 90068
6326 Longview Ave, Los Angeles, CA 90068
$1,700,000
3 Beds
4 Baths
2539 Sq.Ft.
6326 Longview Ave
Los Angeles, CA 90068
1435 N Las Palmas Ave, Los Angeles, CA 90028
$1,890,000
8 Beds
8 Baths
3844 Sq.Ft.
1435 N Las Palmas Ave
Los Angeles, CA 90028
6255 Holly Mont Dr, Los Angeles, CA 90068
$1,900,000
3 Beds
6 Baths
3656 Sq.Ft.
6255 Holly Mont Dr
Los Angeles, CA 90068
1233 N Citrus Ave, Los Angeles, CA 90038
$2,099,000
5 Beds
5 Baths
2309 Sq.Ft.
1233 N Citrus Ave
Los Angeles, CA 90038

Recently Sold Homes Near 5914 Coldwater Canyon Ave

12801 Vanowen St, Los Angeles, CA 91605
$1,300,000 Last Sold Price
21 Beds
15 Baths
4208 Sq.Ft.
12801 Vanowen St
Los Angeles, CA 91605
12717-12719 Vanowen St, Los Angeles, CA 91605
$3,500,000 Last Sold Price
22 Beds
22 Baths
-- Sq.Ft.
12717-12719 Vanowen St
Los Angeles, CA 91605
13135 Vanowen St, Los Angeles, CA 91605
$3,264,000 Last Sold Price
31 Beds
19 Baths
15067 Sq.Ft.
13135 Vanowen St
Los Angeles, CA 91605
13226 Vanowen St, Los Angeles, CA 91605
$2,075,000 Last Sold Price
8 Beds
8 Baths
4794 Sq.Ft.
13226 Vanowen St
Los Angeles, CA 91605

Related Resources to 5914 Coldwater Canyon Ave

New Listings in 91607
Popular Zip Codes
Popular Cities
Other Valley Village Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call