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

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

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