Listed by Michael J. Okun of Sotheby's International Realty
Presenting a rare and valued opportunity located in prime Valley Village: A vibrant, picturesque tree lined community and one of the most sought after neighborhoods in the San Fernando Valley. A beautifully reimagined property that offers the versatility of TWO HOMES ON A LOT with LARD1.5 zoning. An exceptional offering for investors, owner-users, or those seeking the ideal multi-generational living arrangement. Thoughtfully designed to balance privacy, comfort, and shared outdoor living, the property embodies the flexibility and lifestyle today's buyers desire. The gated exterior is a well-manicured, eco-friendly fusion of garden and greenery offering exceptional curb appeal. The front residence has been extensively remodeled and showcases a light-filled two-bedroom, one-bath floorplan where contemporary finishes and thoughtful design create a warm, inviting atmosphere. The modernized bath features sleek subway tile and Kohler fixtures. The kitchen is an open culinary center where style, form and function unite with sleek quartz countertops and high end Viking professional appliances. Privately positioned beyond the sparkling pool, the rear residence offers a charming one-bedroom, one-bath layout enhanced by a spacious loft that provides endless flexibility as an office, creative studio, guest accommodations, or additional living space. A generous freshly landscaped gated grassy backyard creates a peaceful retreat ideal for outdoor recreation, gardening, or quiet relaxation. The resort-inspired solar heated pool serves as the centerpiece of the property, creating a natural gathering place while thoughtfully separating the two homes to provide both connection and privacy. Each residence is independently equipped with its own washer and dryer, adding convenience and enhancing the property's livability. Centrally located with proximity to Universal, Burbank, Disney, CBS, and Warner Bros. Studios, beloved Valley Village Park, the Metro Line, the famed NoHo Arts District and the NoHo West mega-complex. Whether you're looking to generate rental income, accommodate extended family, or enjoy the flexibility of living in one home while leasing the other, this exceptional property presents a wealth of possibilities. A unique investment opportunity combining versatility, lifestyle, and enduring value. Welcome!

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Property Details of 5438 Colfax Avenue

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Based on information submitted to CRMLS as of July 28, 2026 2:23 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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