$1,349,800

5617 Denny Avenue, North Hollywood 91601

5

Beds

4

Baths

1,802

Square feet

7,430

Lot Size

Listing Agent
Chris Sidlow - Redfin

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.

Facts & Features

MLS® # OC24022576
Price $1,349,800
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 1,802
Lot Size 7,430
Year Built 1954
Type Residential
Sub-Type Single Family Residence
Status Active
# Of Units 3

Community Information

Address 5617 Denny Avenue
Area NHO - North Hollywood
City North Hollywood
County Los Angeles
Zip Code 91601

Amenities

Parking Spaces 3
Parking Driveway
Garages Driveway
View Neighborhood
Is Waterfront No
Has Pool Yes
Pool Private

Interior

Interior Features Granite Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level
Appliances Dishwasher, Gas Oven, Refrigerator
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Living Room
# of Stories 1
Stories One

Exterior

Lot Description 0-1 Unit/Acre

School Information

District Los Angeles Unified

Additional Information

Date Listed February 1st, 2024
Days on Market 90
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChris Sidlow
OfficeRedfin

Listing Map

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