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$1,395,000

Beds
3
Baths
2.0
sq ft
1,940

5551 Denny Ave, North Hollywood, CA 91601

5551 Denny Ave

North Hollywood, CA 91601

  • 4 days on market
This newly remodeled duplex is a prime rental investment in a rapidly growing neighborhood with new construction and renovations underway. Sitting on a generously sized lot with close to 2,000 square feet of living space, the property offers two brand new updated units, one with two bedrooms and one bathroom and one with 1 bedroom 1 bathroom. Both units feature modern kitchens with included appliances (to be installed by the seller), along with stylish bathrooms with updated fixtures. Recent upgrades include new plumbing, roof, and electrical systems, ensuring long-term reliability. With its prime location near amenities, schools, and public transportation, this property offers excellent rental potential and minimal maintenance for years to come.

Details

Property type

Single Family Residence

Est. home value

$832,214

Lot size

6,177 sq ft

Price per sq ft

$720

Year built

1936

HOA

No

Price History

02/16/2025
CLAW

CLAW #25499151

Listed
$1,395,000
+71.17%
11/13/2023
CLAW

CLAW #23318867

Sold
$815,000

Schools & Community

Neighborhood: 

North Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

December 2016

Original loan amount

$405,000

Est. remaining balance

$332,528

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Donald B Carnes and Kenneth Michael Carnes

Lender

Bridgeview Bank Mortgage Llc

Loan start date

July 2014

Original loan amount

$417,000

Est. remaining balance

$324,714

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Donald B Carnes and Sumiko Carnes

Lender

First Horizon Home Loan Corp

Loan start date

April 2007

Original loan amount

$396,500

Est. remaining balance

Not provided

Interest rate

6.22%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Donald B Carnes and Sumiko Carnes

Lender

Bank Of America Nt&Sa

Loan start date

August 1998

Original loan amount

$85,000

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

Credit Line (Revolving)

Seller

Donald B Carnes and Sumiko Carnes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 11:15 AM

Listing updated: 02/18/2025 at 4:15 PM

Listed by: Edward Grigoryan, Compass Phone #: (310) 820-0195

MLS: CLAW #25499151

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