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
MLS #
CRSR25106224
MLS Source
California Regional MLS
Days on Site
11
Bedrooms
Ground Floor Bedroom
Kitchen
Other
Appliances
Dishwasher, Garbage Disposal, Microwave, Other, Oven Range - Gas
Dining Room
Formal Dining Room
Family Room
Other
Fireplace
Living Room
Laundry
In Closet, Other, Stacked Only
Cooling
Ceiling Fan, Central Forced Air, Window/Wall Unit
Heating
Central Forced Air
Roof
Flat, Tile
Foundation
Raised
Pool
None
Style
Spanish
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR1
5516 Willowcrest Ave is a Single Family Residence in North Hollywood, CA 91601. This 1,104 square foot property sits on a 6,259 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,199,950 and was built in 1929.
This address can also be written as 5516 Willowcrest Ave, North Hollywood, CA 91601.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 21, 2025. For the most current information, please contact Stephanie Vitacco, (818) 576-1685