Active
5617 Denny AVE
NORTH HOLLYWOOD CA, 91601
$1,349,800
$749.06 per sqft
Active
5 Beds
4 Baths
1,802 sqft
Residential
Built in 1954
Discover the potential of modern living in the heart of North Hollywood with 5617 Denny. This fully renovated, designer 3-bedroom, 2-bathroom single-family home boasts not just one, but two additional units: a charming 1-bedroom, 1-bathroom ADU, and a non-conforming bachelor unit, converted with flair from a recreational room. Step into your own private oasis, complete with a sparkling pool and inviting patio, perfect for entertaining or unwinding after a long day. This property presents a myriad of possibilities, limited only by your imagination. Option 1: Unlock the potential for lucrative rental income. With rents projected conservatively, the demand for well-appointed ADUs and guest houses with pools ensures a steady stream of tenants. Seize the opportunity for a pro forma cap rate OVER 5% and secure a true cash cow investment. Option 2: Embrace resort-like living by transforming this property into a family compound. The ADU and converted rec room, nestled around the pool, offer versatile spaces ideal for offices, game rooms, or cozy retreats. The 1-bedroom ADU is a dream haven for grandparents, house guests, or grown children, adding an extra layer of comfort and privacy. Option 3: Experience the ultimate blend of luxury and financial savvy by residing in the upscale front home while letting tenants in the detached units offset the mortgage. It's the perfect harmony of personal indulgence and smart investment. From the sleek finishes and stainless-steel appliances to the prime location just moments away from the vibrant NoHo Arts District and Toluca Woods, 5617 Denny embodies a deal you simply can't afford to miss. Come home to a lifestyle of unparalleled elegance and endless possibilities.
OC24022576MR
MLSⓇ ID
February 1, 2024
Listed
April 21, 2024
Updated
Map
5617 Denny AVE
NORTH HOLLYWOOD CA, 91601
Interior Features
Total Stories
1
Bedrooms
5 Beds
Bathrooms
4 Baths
Appliances
Dishwasher, In Closet, Refrigerator
Laundry Description
In Closet
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.17 Acres
Sewer
Septic Tank
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
North Hollywood
Days on Market
79
Garage
No
Parking
Driveway
Parking Total
3
View
Yes
County
Los Angeles
Water Source
Public
Pool
Yes
Pool Features
Private
Zoning
LAR2
Listing History
Date | Event | Price |
---|---|---|
4/19/2024 | Price Change | $1,349,800 -1% |
4/10/2024 | Price Change | $1,349,880 -7% |
Listed by Chris Sidlow with Redfin
Listing Contact: 949-228-0794
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/21/2024