Views - Primary on Main
Address
5617 Denny Avenue North Hollywood, CA
Price
$ 1,250,000
Property Attributes
  • MLS#BB21237765
  • TypePending
  • CountyLOS ANGELES
  • CityNorth Hollywood
  • AreaNorth Hollywood
  • Zip91601
  • StyleCraftsman
  • Price$ 1,250,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2171
  • Lot Size7,427 SqFt
Listing Provided Courtesy Of:
Elizabeth Maddox with The 2-4 Unit Specialists - 818-850-8485
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

5617 Denny is a fully renovated, designer 3 bedroom, 2 bathroom single family home + 1 bedroom/1 bathroom ADU + non-conforming bachelor unit (converted rec room) with a pool and lovely patio! This property will be delivered vacant and offers buyers an unlimited supply of unbeatable options: 1) Rent out the whole property and earn a projected income of $7,150 per month. The current owner has consistently earned over $6,700 a month on 5617 Denny, even during Covid-19. Applications have always come pouring in at the time of any vacancy. Our projected rents are very conservative for the 1b/1b and bachelor and we expect these numbers to likely be surpassed. There is a major lack of inventory of well-priced ADU’s and guest houses with pools, which has led to extreme demand. At a pro forma cap rate OVER 5%, this is your chance to buy a true cash cow! 2) Enjoy this resort-like property as a family compound! Both the ADU and converted rec room are adorable free-standing cottages situated around a large pool. Whether you set up the rec room as an office, game room, pool house, or bedroom, you can’t go wrong. The 1b/1b ADU is a dream come true for grandparents, house guests, grown children, etc. 3) Best of all, live in the upscale front home while having tenants (in detached units) cover the mortgage. The best of both worlds! From the gorgeous finishes and stainless steel appliances to the outstanding location moments from the NoHo Arts District and Toluca Woods, this is a deal you don’t want to miss!

Price History
10/29/2021 Listed $1,250,000

General Features

Appliances Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater
Architectural Style Craftsman
Co-Listing Agent State License # 02030205
Co-listing Agent Ian Maddox - BRE#02030205
Community Features Biking, Curbs, Street Lights, Sidewalks
Construction Materials Copper Plumbing
Cooling Central Air
Electric Standard
Flooring Wood
Heating Central
High School District Los Angeles Unified
Interior Features Ceiling Fan(s), Open Floorplan, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Master
Levels One
Listing Agent Elizabeth Maddox - BRE#01921425
Listing Agent State License 01921425
Lot Size Square Feet 7427
MLS Area NHO - North Hollywood
Patio/Porch Features Front Porch, Patio
Pool Features In Ground, Private
Private Pool Yes
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Pending
Stories 1
Structure Type House
Terms Submit
Total Units 3
View Neighborhood
Virtual Tour www.twotofour.com/5617denny
Zoning LAR2

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Living Room
Fireplace Y/N Yes
Full Baths 4
Heating Y/N Yes
Laundry Features Inside
Living Area 2171
Main Level Bathrooms 4
Main Level Bedrooms 4
Total Baths 4
Total Bedrooms 4

Exterior Features

Door Features French Doors
Lot Features Front Yard, Landscaped, Level, Near Public Transit, Street Level, Value In Land, Yard
Lot Size Acres 0.17
Lot Size Area 7427
Lot Size Source Assessor
Lot Size Units Square Feet
Parking Features Driveway
Road Frontage Type City Street
Road Surface Type Paved
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bathroom
Bedroom
Den
Kitchen
Kitchen
Laundry
Living Room
Master Bathroom
Master Bedroom
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 91601

Price
AVG $850K
$1.25M
Visits
AVG 101
73
Year Built
AVG 1963
1954
Walkscore
AVG 82
83
Data Provided by Walkscore ® not using MLS data

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