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!
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!
Property Details
Price:
$1,199,950
MLS #:
SR25106224
Status:
Active
Beds:
3
Baths:
2
Address:
5516 Willowcrest Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
May 13, 2025
State:
CA
Finished Sq Ft:
1,104
ZIP:
91601
Lot Size:
6,259 sqft / 0.14 acres (approx)
Year Built:
1929
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Schools
School District:
Los Angeles Unified
Middle School:
Walter Reed
Interior
Appliances
Dishwasher, Disposal, Gas Range, Microwave
Cooling
Central Air, Wall/ Window Unit(s)
Fireplace Features
Living Room
Flooring
Tile, Wood
Heating
Central, Ductless
Interior Features
Ceiling Fan(s), Recessed Lighting, Stone Counters
Window Features
Double Pane Windows
Exterior
Community Features
Curbs, Gutters, Sidewalks, Suburban
Fencing
Chain Link, Stone, Vinyl, Wood
Foundation Details
Raised
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard, Level, No Landscaping, Yard
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Roof
Flat, Spanish Tile
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address5516 Willowcrest Avenue North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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5516 Willowcrest Avenue
North Hollywood, CA
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