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

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