5617 Denny Avenue, North Hollywood, CA 91601

• Listed Price : $1,355,880
• Beds : 5
  
• Baths : 4
  
• Property Size : 1,802 sqft
  
• Year Built : 1954
  

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Property Description

Step into a world of opportunity at 5617 Denny Ave, a beautifully renovated property designed to be both an investor’s dream and a family haven. This stunning 3-bedroom, 2-bath single-family home comes with not just one, but two additional living spaces: a 1-bedroom/1-bathroom ADU and a non-conforming bachelor unit (formerly a rec room). Whether you’re seeking a high-yield rental property or a personal retreat, 5617 Denny offers flexibility, charm, and cash flow potential wrapped into one package. From the moment you arrive, you’ll notice the resort-like atmosphere, complete with a sparkling pool and a cozy patio perfect for outdoor entertaining. With everything fully renovated and move-in ready, the possibilities are endless. You could move in yourself or begin renting immediately—no downtime required. Your Personal Retreat: A Family Compound to Call Home If you dream of a private sanctuary, 5617 Denny can serve as your very own family compound. The 1-bed/1-bath ADU is perfect for guests, grandparents, or grown children, offering them privacy while keeping them close. Meanwhile, the converted rec room—a charming cottage by the pool—could become anything you want: an office, game room, pool house, or extra bedroom. Everything revolves around the inviting pool and lush patio, creating a space where you can work, relax, entertain, and make lasting memories. The Best of Both Worlds – Live & Earn Why choose between living in comfort and earning rental income when you can have both? Move into the designer front home while renting out the two detached units to offset your mortgage. With separate entrances for all units, you’ll enjoy privacy while still benefiting from steady rental income. It’s the perfect setup for anyone looking to maximize lifestyle and investment returns. Prime Location with Everything at Your Doorstep Located just minutes from the NoHo Arts District and Toluca Woods, 5617 Denny offers access to vibrant restaurants, entertainment, shopping, and easy freeway connections. Whether you're commuting to work, exploring the local arts scene, or just enjoying the neighborhood's charm, this property’s location puts you at the heart of it all. With high demand for well-priced ADUs and guest cottages featuring pools, opportunities like this are rare. 5617 Denny Ave offers not just a place to live or rent, but a place to thrive—financially and personally. Don’t let this opportunity slip away—

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Interior Features

Listing Information

Listing information courtesy of: Brandon Hobbs, EQTY Forbes Global Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 1:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.