5516 Willowcrest AVE Open House Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
OPEN HOUSE
Sat May 24, 12:00pm - 3:00pm Sun May 25, 12:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,104 sqft
Price per Sqft $1,086
MLS Listing ID SR25106224
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Year Built 1929
Lot Size 6,259 Sqft
Property Sub-Type Single Family Residence
Property Description
Charming and updated 3 bed, 2 bath Spanish Mission-style bungalow located in a prime North Hollywood neighborhood, just steps from Toluca Terrace. Assumable loan at 3.25%—a rare and valuable opportunity!
The main home offers 1,106 sq ft plus a separate enclosed sunroom with vaulted ceilings and French doors—perfect for a home office, family room, or creative space. In addition, there's an approx. 420 sq ft covered patio, ideal for lounging or outdoor entertaining.
At the rear of the property is a detached structure with approx. 650 sq ft permitted as a rec room and storage, plus approx. 450 sq ft permitted as a garage—both offering excellent potential for ADU conversion.
Property has been generating $9,000–$10,000/month which makes this property a strong investment, perfect for multigenerational living or long-term rental use. Each structure has its own gated access, providing privacy and separation.
Inside the home, enjoy a sunlit living room with tile-faced fireplace, a spacious dining area, and a beautifully updated kitchen with skylight, charcoal stone countertops, white cabinetry, stainless steel appliances, and colorful backsplash. Three generously sized bedrooms feature ceiling fans and yard access, and two well-appointed bathrooms round out the space. Fully gated property with private front courtyard, located near Burbank, Toluca Lake, the NoHo Arts District, the Metro, and the Chandler Bike Path.
A truly versatile home with timeless style and outstanding rental potential—don't miss it!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR1
Rooms
Other Rooms Guest House Detached
Interior
Heating Central,Ductless
Cooling Central Air,Wall/Window Unit(s)
Flooring Tile,Wood
Fireplaces Type Living Room
Laundry Laundry Closet,Outside,Stacked
Exterior
Parking Features On Street
Fence Chain Link,Stone,Vinyl,Wood
Pool None
Community Features Curbs,Gutter(s),Suburban,Sidewalks
View Y/N No
View None
Roof Type Flat,Spanish Tile
Building
Lot Description Back Yard,Front Yard,Level,No Landscaping,Yard
Dwelling Type House
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
Middle Schools Walter Reed
School District Los Angeles Unified
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard