5031 Denny Avenue 202, North Hollywood, California 91601, North Hollywood, 91601 - 2 bed, 1 bath

5031 Denny Avenue 202, North Hollywood, California 91601 home-pic-0
ACTIVE$474,000
5031 Denny Avenue 202, North Hollywood, California 91601
2Beds
1Bath
801Sqft
8,738Lot
Year Built
1970
Close
-
List price
$474K
Original List price
$549K
Price/Sqft
$592
HOA
$382.54
Days on market
-
Sold On
-
MLS number
25536541
Home ConditionGood
Features
View

About this home

We found 3 Cons,5 Pros. Rank: price - $474.0K(8th), sqft - 801(15th), beds - 2(50th), baths - 1(15th).

Stunning and Rare Find! This immaculate and beautifully maintained condo is located in a prime North Hollywood location. Must see in person!!! One of only 11 units in the complex, it offers a sense of exclusivity and privacy. Inside, you'll find two spacious bedrooms, an open-concept kitchen with ample cabinetry for extra storage, and a large bathroom featuring a gorgeous walk-in shower. Additional highlights include central HVAC, two parking spaces, and a private storage shed downstairs.Just moments from the vibrant North Hollywood Arts District, you'll enjoy easy access to a variety of top-rated restaurants, boutique shops, and entertainment. Ideally situated near Studio City, Universal Studios, Burbank, and Warner Bros. Studios. Outdoor enthusiasts will appreciate the nearby Chandler Bike Path, as well as Fryman Canyon, Wilacre Park, and Coldwater Canyon offering scenic hiking trails and panoramic views of the San Fernando Valley.

Nearby schools

7/10
Toluca Lake Elementary School
Public,K-50.3mi
6/10
Walter Reed Middle School
Public,6-81.3mi
6/10
Arroyo Seco Museum Science
Public,K-810.1mi
3/10
East Valley Senior High School
Public,9-120.7mi
Condition Rating
Good

Despite being built in 1970, this condo has undergone significant and stylish renovations, particularly in the kitchen and bathroom. The kitchen features modern white shaker-style cabinetry, stainless steel appliances, and a subway tile backsplash, creating a contemporary open-concept space. The bathroom boasts a modern vanity and a 'gorgeous walk-in shower' with updated tiling and fixtures. Updated hardwood/laminate flooring is consistent throughout the living areas and bedrooms, and the property benefits from central HVAC. The overall condition appears immaculate and move-in ready, indicating extensive updates within the last 5-15 years, bringing it to a high standard for its age.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a prime North Hollywood location, offering immediate access to the vibrant NoHo Arts District, top-rated restaurants, boutique shops, and entertainment. It's also ideally positioned near major employment and entertainment hubs like Studio City, Universal Studios, Burbank, and Warner Bros. Studios.
Exclusivity & Low Density: As one of only 11 units in the complex, the property provides a sense of exclusivity and privacy, appealing to buyers seeking a less crowded living environment.
Desirable Interior Features: The condo boasts two spacious bedrooms, an open-concept kitchen with ample cabinetry, a large bathroom featuring a gorgeous walk-in shower, and the comfort of central HVAC.
Practical Amenities: The unit includes two dedicated parking spaces and a private downstairs storage shed, offering significant convenience and added value for residents.
Access to Outdoor Recreation & Views: Proximity to the Chandler Bike Path, Fryman Canyon, Wilacre Park, and Coldwater Canyon provides excellent opportunities for outdoor activities, scenic hiking trails, and panoramic views of the San Fernando Valley, enhancing lifestyle appeal.

Cons

Age of Building: Built in 1970, the complex is over 50 years old. While described as well-maintained, older buildings can sometimes present challenges related to aging infrastructure or potential for future special assessments.
High School Performance: The assigned high school, East Valley Senior High School, has a low rating (3), which could be a significant drawback for families with school-aged children prioritizing strong educational institutions.
Recurring Costs & Market Adjustment: The monthly association fee of $382.54 represents a substantial recurring cost. Additionally, the notable price reduction from the original list price suggests a potential overvaluation or slower market absorption.

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