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
Property Features
Property Information:
Year Built: 1954
Stories: 1
Living Area: 1,802 SqFt
Listing Office:
Office Name: Redfin
Office Phone: (949) 228-0794
Listing Agent: Chris Sidlow
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Oven, Refrigerator
Interior: Granite Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
View: Neighborhood
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
East Valley Senior High School, Public District Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Walter Reed Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Oxnard Street Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Denny Ave between Burbank Blvd and Hatteras St
Price Information
Listing Price Info
Price Summary:
List Price: $1,349,800
Price Per SqFt: $749/SqFt
Tax Information:
Annual Amount: $10,059
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $353.8K more than the Median Sold Price and $113/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24022576
Listing Office:
Office Name: Redfin
Office Phone: (949) 228-0794
Listing Agent: Chris Sidlow
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/3/2024, 7:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 04, 2016
Nov 04, 2016Home Sold
$775,000
Nov 07, 2014
Nov 07, 2014Home Sold
$355,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,059
$830,954
2020
$10,113
$822,434
2019
$9,996
$806,309
2018
$9,738
$790,500
2017
$9,738
$775,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,804
Per Month
Principal & Interest
$6,737
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,113
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Oxnard Street Elementary School
10912 Oxnard St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.21 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.13 miles
Public Magnet Grades 1-5
Middle School
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.85 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.73 miles
Public District Grades 6-8
High School
4
/10
East Valley Senior High School
5525 Vineland Ave
Distance between this listing and this school0.37 miles
Public District Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.92 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.81 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Oxnard Street Elementary School
10912 Oxnard St
Distance between this listing and this school0.45 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.21 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.13 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.85 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.73 miles
Public District Grades 6-8
Nearby Schools
7
/10
Luther Burbank Middle School
3700 W Jeffries Ave
Distance between this listing and this school0.82 miles
Public District Grades 6-8
Assigned Schools
4
/10
East Valley Senior High School
5525 Vineland Ave
Distance between this listing and this school0.37 miles
Public District Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.92 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.81 miles
The neighbors living near this home have an average income of $38,125. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5617 Denny Ave
What is the listing price of this property?
The listing price of 5617 Denny Ave property is $1,349,800.
What type of property is this?
The property 5617 Denny Ave is a house located in North Hollywood, California, 91601.
Is this property for sale now?
Active Listing: 5617 Denny Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5617 Denny Ave are: Oxnard Street Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Walter Reed Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10East Valley Senior High School: GreatSchools Rating 4/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,059 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 4, 2016 for $775,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5617 Denny Ave has 5 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 5617 Denny Ave is 1,802 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5617 Denny Ave is 1954.
This home is located at 5617 Denny Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. This 1,802 square foot home, which was built in 1954, sits on a 0.17 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,349,800.
Over 766 listings were sold over their listed price in May 2024 in Los Angeles, CA. In the same period over 625 listings were sold below the listed price and 198 listings were sold for the listed price. Between April 2024 and May 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 15.4%. In May 2024 median list price was $995,939 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.