We are proud to present the Denny Avenue Apartments, a prime 17-unit multifamily investment opportunity located at 5325 Denny Avenue in North Hollywood. Situated within a short drive of the thriving NOHO Arts District, this property benefits from its strategic position between Magnolia Boulevard and Chandler Boulevard, as well as its proximity to major freeways (101, 170 and 134). The Denny Avenue Apartments offer investors a rare chance to acquire a superbly-maintained and well-situated asset in a highly sought-after neighborhood. Denny Avenue Apartments consist of ±15,314 of rental square feet on a ±13,500 square foot lot and features mature lush landscaping, on-site laundry, secured parking garage, and a beautiful courtyard with BBQ area and outdoor seating. Units have been updated and feature modern kitchens with stainless steel appliances, dishwashers, vaulted high ceilings in the second story units, HVAC central air conditioning, ceiling fans, horizontal blinds, balconies, fireplaces and laminate plank wood and carpet flooring throughout. North Hollywood’s strategic location within Southern California makes it a haven for working professionals. The city boasts convenient access to not just the 101, 170 and 134 freeways, but also the 405 and 210, connecting residents to all of Los Angeles County, Ventura County, and beyond. The thriving NOHO Arts District fosters a dynamic community, while top employers like Universal Studios and Warner Bros. attract a strong talent pool. Residents also enjoy close proximity to iconic landmarks within a 20-mile radius, including the Huntington Library, Griffith Observatory, Dodger Stadium, and the Hollywood Walk of Fame. This combination of cultural attractions, career opportunities, and convenient transportation makes North Hollywood a highly sought-after place to live. Denny Avenue Apartments is a prime North Hollywood income-producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.
Property Details
Property Features
Property Information:
Year Built: 1989
Stories: 2
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 17 spaces
Lot Features
Lot Information:
Lot Size: 0.31 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Merge onto I-210 W, Keep left to continue on CA-134 W, follow signs for Ventura, Take exit 1D for Cahuenga Blvd toward Hollywood, Turn right onto Cahuenga Blvd, Turn left onto Magnolia Blvd, Turn right onto Denny Ave
Price Information
Listing Price Info
Price Summary:
List Price: $7,780,000
Tax Information:
Annual Amount: $47,656
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $6.7M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24211689
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
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: 11/17/2024, 9:21:01 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
Feb 17, 2005
Feb 17, 2005Home Sold
$2,850,000
Jun 21, 2004
Jun 21, 2004Home Sold
$2,400,000
Jun 14, 1995
Jun 14, 1995Home Sold
$750,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$47,656
$3,887,763
2020
$46,253
$3,838,794
2019
$45,951
$3,763,524
2018
$44,918
$3,689,731
2017
$44,918
$3,617,384
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Toluca Lake Elementary
4840 Cahuenga Blvd
Distance between this listing and this school0.59 miles
Public District Grades PK-5
4
/10
Lankershim Elementary School
5250 Bakman Ave
Distance between this listing and this school0.70 miles
Public District Grades KG-5
4
/10
Oxnard Street Elementary School
10912 Oxnard St
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Nearby Schools
7
/10
Luther Burbank Middle School
3700 W Jeffries Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-8
5
/10
New Horizons Charter Academy
5955 Lankershim Blvd
Distance between this listing and this school1.34 miles
Public Charter Grades KG-8
6
/10
Walter Reed School
4525 Irvine Ave
Distance between this listing and this school1.59 miles
Public District Grades 6-8
Nearby Schools
9
/10
Science Academy STEM Magnet
5525 Vineland Ave
Distance between this listing and this school0.47 miles
Public Magnet Grades 6-11
3
/10
East Valley High School
5525 Vineland Ave
Distance between this listing and this school0.47 miles
Public District Grades 9-12
6
/10
Burbank Unified Independent Learning Academy (Buila)
3715 Allan Ave
Distance between this listing and this school1.08 miles
The neighbors living near this home have an average income of $46,824. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5325 Denny Ave
What is the listing price of this property?
The listing price of 5325 Denny Ave property is $7,780,000.
What type of property is this?
The property 5325 Denny Ave is a condo located in North Hollywood, California, 91601.
Is this property for sale now?
Active Listing: 5325 Denny Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $47,656 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 17, 2005 for $2,850,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 5325 Denny Ave is 1989.
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This home is located at 5325 Denny Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. This home, which was built in 1989, sits on a 0.31 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $7,780,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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