5617 Denny Avenue, North Hollywood, CA 91601

Listing by: Chris Sidlow, Redfin, 949-228-0794

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5 Beds

4 Baths

1,802 SqFt

Active

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.

Property Details
Price	$1,349,800
Bedrooms	5
Full Baths	4
Total Baths	4
Lot Size Area	7430
Lot Size Area Units	Square Feet
Acres	0.1706
Property Type	Residential
Sub type	SingleFamilyResidence
MLS Sub type	Single Family Residence
Stories	1
Features	Granite Counters,Recessed Lighting
Year Built	1954
View	Neighborhood
Heating	Central
Lot Description	0-1 Unit/Acre
Laundry Features	In Closet
Pool features	Private
Parking Description	Driveway
Parking Spaces	3
Garage spaces	0
Association Fee	0
Geographic Data
Directions	Denny Ave between Burbank Blvd and Hatteras St
County	Los Angeles
Latitude	34.1727
Longitude	-118.365154
Market Area	NHO - North Hollywood
Address Information
Address	5617 Denny Avenue, North Hollywood, CA 91601
Postal Code	91601
City	North Hollywood
State	CA
Country	United States
Listing Information
Listing Office	Redfin
Listing Agent	Chris Sidlow
Listing Agent Phone	949-228-0794
Buyer Agency Compensation	2.000
Attribution Contact	949-228-0794
Buyer Agency Compensation Type	%
Compensation Disclaimer	The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions	Standard
School Information
District	Los Angeles Unified
MLS Information
Days on market	79
MLS Status	Active
Listing Date	Feb 1, 2024
Listing Last Modified	Apr 20, 2024
Tax ID	2415018008
MLS Area	NHO - North Hollywood
MLS #	OC24022576

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This information is believed to be accurate, but without any warranty.

5 Beds

4 Baths

1,802 SqFt

Active

Property Details

Geographic Data

Address Information

Listing Information

School Information

MLS Information

Map View