5805 Bucknell Avenue, Valley Village, California 91607, Valley Village, 91607 - 6 bed, 5 bath

5805 Bucknell Avenue, Valley Village, California 91607 home-pic-0
ACTIVE$1,850,000
5805 Bucknell Avenue, Valley Village, California 91607
6Beds
5Baths
2,500Sqft
17,287Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17287, living area = 2500.
Top Cons:
Converted Garage: The main residence's 2-car garage has been converted into an office space, eliminating dedicated covered parking for the primary home.

Compared to the nearby listings

Price:$1.85M vs avg $1.37M (+$480,000)73%
Size:2,500 sqft vs avg 1,805 sqft75%
Price/sqft:$740 vs avg $78237%

More Insights

Built in 1952 (73 years old).
Condition: This property features two homes: a 'beautifully remodeled main residence' and a 'newly built Accessory Dwelling Unit (ADU)'. The description explicitly states the ADU is 'newly built' and both interiors have 'stylish laminate flooring, recessed lighting, and modern finishes'. The images confirm modern kitchens with stainless steel appliances, contemporary cabinetry, and updated bathrooms. The overall condition, especially with a newly constructed ADU, indicates minimal physical depreciation and meets current quality standards, aligning with the 'excellent' criteria of being newly built or extensively renovated within 5 years.
Year Built
1952
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
$740
HOA
-
Days on market
-
Sold On
-
MLS number
SR25121272
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Two beautiful homes on one big lot! Discover an extraordinary opportunity in highly sought-after Valley Village with this meticulously updated property, offering unparalleled versatility and exceptional curb appeal, highlighted by a charming circular driveway. 5805 Bucknell Avenue is a beautifully remodeled main residence, boasting 1,300 square feet with 3 bedrooms and 2.5 bathrooms. The home's 2-car garage has been thoughtfully converted into a functional office space. 5807 Bucknell Avenue is a newly built Accessory Dwelling Unit (ADU), providing an additional 1,200 square feet of modern living space with 3 bedrooms and 2 bathrooms. Together, these two homes create a remarkable 2,500 square feet of combined living space, totaling 6 bedrooms and 4.5 bathrooms.Both interiors feature bright, spacious open floorplans, adorned with stylish laminate flooring, recessed lighting, and abundant storage. This inviting layout is perfect for entertaining and creating lasting memories. Step outside to discover an expansive 17,287-square-foot lot - a true outdoor haven. The vast backyard offers endless possibilities for enjoyment, complete with a sprawling lawn, an inviting patio for al fresco dining, a soothing spa, and a refreshing swimming pool. A convenient laundry room is accessible from the backyard via a half-bathroom. Further enhancing this investment potential, the large lot size may offer the possibility to build two more homes through California's SB9 legislation, subject to local approval and specific zoning requirements. Ideally located on a peaceful street, this gem offers a short distance to the new NoHo West and easy access to popular amenities like Trader Joe's, LA Fitness, In-N-Out, and top-rated schools. This updated property is an ideal opportunity for multi-generational living, rental income, or first-time homebuyers seeking comfort, style, and significant investment potential in a desirable North Hollywood adjacent neighborhood. Don't miss your chance to envision the incredible lifestyle and future possibilities awaiting you!

Condition Rating
Excellent

This property features two homes: a 'beautifully remodeled main residence' and a 'newly built Accessory Dwelling Unit (ADU)'. The description explicitly states the ADU is 'newly built' and both interiors have 'stylish laminate flooring, recessed lighting, and modern finishes'. The images confirm modern kitchens with stainless steel appliances, contemporary cabinetry, and updated bathrooms. The overall condition, especially with a newly constructed ADU, indicates minimal physical depreciation and meets current quality standards, aligning with the 'excellent' criteria of being newly built or extensively renovated within 5 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17287, living area = 2500.
Dual Living & Income Potential: The property features two distinct homes (a remodeled main residence and a newly built ADU) totaling 6 bedrooms and 4.5 bathrooms, offering exceptional versatility for multi-generational living or significant rental income.
Expansive Outdoor Oasis: An impressive 17,287-square-foot lot provides a true outdoor haven with a sprawling lawn, inviting patio, soothing spa, and a refreshing swimming pool, perfect for entertainment and relaxation.
Significant Investment Upside: The large lot size presents a unique opportunity to potentially build two additional homes through California's SB9 legislation, subject to local approval, enhancing long-term investment value.
Meticulously Updated Interiors: Both residences boast bright, spacious open floorplans with stylish laminate flooring, recessed lighting, and modern finishes, ensuring a comfortable and contemporary living experience.
Prime Valley Village Location: Ideally situated on a peaceful street in highly sought-after Valley Village, with easy access to NoHo West, popular amenities like Trader Joe's and LA Fitness, and top-rated schools.

Cons

Converted Garage: The main residence's 2-car garage has been converted into an office space, eliminating dedicated covered parking for the primary home.
SB9 Approval Contingency: The potential to build additional homes via SB9 legislation is explicitly stated as being 'subject to local approval and specific zoning requirements,' introducing an element of uncertainty for this investment strategy.
Exterior Laundry Access: The laundry room is accessible from the backyard via a half-bathroom, which may be less convenient for daily use compared to an interior laundry facility.

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