2 months on rocket

5325 Denny Ave, North Hollywood, CA, 91601

$7,780,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Garage17 spaces
Year Built1989
HeatingCentral
CoolingCentral Air
MLS #CV24211689
Lot Size0.31 Acres
StatusActive

About 5325 Denny Ave

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.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5325 Denny Ave vs Los Angeles

67 DAYS ON ROCKET

+29 Days

$7,780,000

+$6.7M More

KEY TAKEAWAY

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

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: 12/18/2024, 7:20:58 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

Feb 17, 2005Home Sold
$2,850,000
Jun 21, 2004Home Sold
$2,400,000
Jun 14, 1995Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$38.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.3K

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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.

Nearby Schools

school-card-donut-4445653
6
/10

  • Toluca Lake Elementary

  • 4840 Cahuenga Blvd

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-4445654
4
/10

  • Lankershim Elementary School

  • 5250 Bakman Ave

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-4445655
4
/10

  • Oxnard Street Elementary School

  • 10912 Oxnard St

  • 0.84 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,824. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

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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Rocket Homes›California›Los Angeles County›Los Angeles›91601›5325 Denny Ave

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.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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