5551 Denny Avenue, North Hollywood, CA 91601

Property Description

First time on the market in 45 years! Attention income property investors and visionary homeowners: Presenting a rare gem in North Hollywood awaiting your touch of TLC! This duplex stands amid a vibrant neighborhood buzzing with new construction and renovation underway. Just glance across the street for a taste. The property boasts a generous flat lot of nearly 7,000 square feet, complemented by close to 2,000 square feet of living space. The front unit, greeting the street, features two bedrooms and one bath, while the rear offers a similar layout with two bedrooms. A garden enthusiast's delight, the backyard is adorned with mature citrus trees and ample space, perfect for nurturing heirloom tomatoes or cultivating year-round seasonal vegetables. This home has been the backdrop for a lifetime of cherished memories by its sellers. Now, it beckons for your artistic vision to rejuvenate its inherent charm and usher in a new era of stories. Considering the upgrades it may need, we've priced it at a competitive cap rate. We've prepared a comprehensive disclosure package, inclusive of inspection reports, to provide a transparent view of the property's current state. North Hollywood, or "NoHo," is Los Angeles's vibrant artistic heart, blending modern chic with Old Hollywood charm. Bursting with theaters, boutiques, and murals, it's a haven for creatives and history buffs alike. NoHo's streets narrate a tale of diverse cultures, inviting exploration and endless inspiration. We're eager to introduce you to the potential of this NoHo jewel. Join us at the open house.