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5421 Denny Avenue, North Hollywood, CA 91601

$1.2M2bd · 1ba · 776 sqft
Lot 5,581 sqft•Single Family Residence•
Active
•157d on market•MLS# SR-23092080

Property Description

DEVELOPMENT OPPORTUNITY (TOC Tier 1) Eligible for 100% Affordable ED1 Projects. Existing Single Family home located on a CM-1VL zoned lot with 117 feet of alley access. CM Zone allows for R3 Residential Density and Mixed use development. Buyer to verify potential uses and allowable development opportunities. Potential for 8 units, plus 2 Detached ADU's + 1-4 Attached ADU's. (Opportunity Zone) (State Enterprise Zone) Newer 2016 8 unit apartment building next-door. Located within less than half a mile from the Red Line North Hollywood Station and half a block from the Chandler Blvd Bike Path. Walking distance to the NoHo Arts District. See private Remarks on status of the House.

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Cooling
Wall/Window Unit(s), None
City
North Hollywood
Zip Code
91601
County
Los Angeles
Listed byMichael Nigosian Realtor, Michael Nigosian

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,067.85
Principal & Interest
Loan Amount
$960,000
Total Interest
$1,224,427
Total Payment Over 30 Years
$2,184,427
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

5421 Denny Avenue, North Hollywood, CA 91601

North Hollywood · Single Family Residence

$1.2M
Affordable Tier
Beds
2
Baths
1
Sqft
776
Lot
5,581 sqft
Year
1947
$/Sqft
$1546
Pool: No✓
Spa: No✓

Listed 15.4% above the median closed sale of $1,040,000. Price per sqft ($1,546) is a 117% premium to closed comps ($711).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.20M· $1,546/sqft
Total list price
Closed comps
vs closed median $1.04M
+$160K (+15.4%)
Active comps
vs active median $1.25M
−$49K (−3.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $890
+$656 (+73.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5221 SatsumaNorth Hollywood1922218405,401$1,310$1.10M34883
5058 CartwrightNorth Hollywood1947211,3686,109$804$1.10M1073
5546 StrohmNorth Hollywood1937321,6906,327$740$1.25M5359
10414 Tiara StreetNorth Hollywood1948331,4786,003$880$1.30M8158
1130 Maple StreetBurbank1939331,7466,752$715$1.25M9651
Total: 5 · Average2.62.01,424.46,118.4$889.8$1.20M117.6
Median1,478$1.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
10415 CumpstonNorth Hollywood194406/12/2026321,2065,432$998,000$1.03M$8541.037171
5055 WillowcrestNorth Hollywood195010/23/2026321,8776,261$1.05M$1.02M$5460.9812765
5513 Cartwright AvenueNorth Hollywood193808/14/2026321,5515,852$1.05M$1.04M$6710.994662
5650 Denny AvenueNorth Hollywood194407/09/2026331,7506,599$1.20M$1.15M$6570.963757
10404 Margate StreetNorth Hollywood194602/06/2026321,5126,490$1.20M$1.25M$8271.045856
Total: 5 · Average3.02.21,579.26,126.8$1.10M$1.10M$711—67.8
Median1,551$1.04M$1.04M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.