2 months on rocket

5617 Denny Ave, North Hollywood, CA, 91601

$1,349,800

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
1,802 SqFt
$749/SqFt
House
Schools Nearby

Location

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5617 Denny Ave, Los Angeles$1,349,800

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1954
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNeighborhood
Private PoolYes
MLS #OC24022576
Lot Size0.17 Acres
StatusActive

About 5617 Denny Ave

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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5617 Denny Ave vs Los Angeles

89 DAYS ON ROCKET

+55 Days

$1,349,800

+$373.8K More

$749/SqFt

+$121 More

KEY TAKEAWAY

This property is $373.8K more than the Median Sold Price and $121/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

IDX 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: 4/30/2024, 6:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 04, 2016Home Sold
$775,000
Nov 07, 2014Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
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

$6,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,113

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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

school-card-donut-3867245
4
/10

  • Oxnard Street Elementary School

  • 10912 Oxnard St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-3867246
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.21 miles

  • Public Magnet Grades KG-6

school-card-donut-3867247
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.13 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3867248
6
/10

  • Walter Reed Middle School

  • 4525 Irvine Ave

  • 1.85 miles

  • Public District Grades 6-8

school-card-donut-3867249
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.73 miles

  • Public District Grades 6-8

High School

school-card-donut-3867250
1
/10

  • East Valley Senior High School

  • 5525 Vineland Ave

  • 0.37 miles

  • Public District Grades 9-12

school-card-donut-3867251
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 7.92 miles

  • Public Magnet Grades 9-12

school-card-donut-3867252
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 12.81 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,125. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Walter Reed Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
East Valley Senior High School: GreatSchools Rating 1/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, 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.

Rocket Homes›California›Los Angeles County›Los Angeles›91601›5617 Denny Ave

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.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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