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Sold for $1,300,000 on 04/03/25
  • Listing Provided by: 

    Kim Cohen DRE #02207184 949-285-0825,

    Douglas Elliman Of California,

    Annette Harper DRE #01197125,

    Douglas Elliman Of California

    Bought with: Prime Pacific Group
    $1,300,000

    5518 Simpson Ave, Valley Village, CA 91607

    3beds
    1,850sqft
    Single Family Residence
    Built in 1942
    7,200 Square Feet Lot
    $1,262,100 Zestimate®
    $703/sqft
    $6,560 Estimated rent

    Home value

    $1,262,100

    $1.15M - $1.39M

    $6,560/mo

    Zestimate® history
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    $8,081/mo

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    What's special

    Welcome to this unique home in the coveted Valley Village neighborhood of Los Angeles. Built in 1942 and thoughtfully updated, this charming property features a main house with 2 bedrooms, 1.5 baths, and vinyl wood floors with original hardwood underneath. The spacious living room flows into a dining area, which leads to a bright kitchen with white cabinetry, granite countertops, an electric stove, gas oven, and stainless steel dishwasher. The kitchen island is perfect for casual dining or entertaining. The kitchen opens to a family room and an office that can easily be converted into a second bedroom with the addition of barn doors. The family room leads to a lush, private backyard, ideal for outdoor relaxation and entertaining. The laundry area, located in the pantry, includes both washer and dryer. A standout feature is the beautifully designed, one-bedroom, one-bath ADU (Accessory dwelling unit) , built with permits just a year ago. The seller spent $250,000 on this amazing back unit. This self-contained unit offers its own electric and water services, with shared gas. The ADU has a private fenced yard, making it a perfect rental unit, mother-in-law suite, or guest retreat. Located nearby the NOHO West complex, with easy access to the 101, 170, and 405 freeways, this home is a prime location for entertainment industry professionals, with major studios like Universal Studios, Warner Bros., and NBC Universal nearby. Whether you're looking for a multi-generational home or an income-producing property, this home and ADU offer endless possibilities. Schedule your tour today!

    Zillow last checked: 8 hours ago

    Listing updated: April 03, 2025 at 09:22am

    Listing Provided by:

    Kim Cohen DRE #02207184 949-285-0825,

    Douglas Elliman Of California,

    Annette Harper DRE #01197125,

    Douglas Elliman Of California

    Bought with:

    David Dizayer, DRE #00643303

    Prime Pacific Group

    Source: CRMLS,MLS#: NP25002254MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, Brick Walls, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, In-Law Floorplan, Pantry, Unfurnished, All Bedrooms Down, Main Level Primary
    • Flooring: Vinyl, Wood
    • Has fireplace: Yes
    • Fireplace features: Dining Room, See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,850 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Paved
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Brick, Enclosed, Front Porch
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,200 sqft
    • Dimensions: 7200
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard
    Details
    • Additional structures: Guest House
    • Parcel number: 2348005029
    • Zoning: LAR1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs
    Location
    • Region: Valley Village

    Other

    Other facts
    • Listing terms: Cash to New Loan
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    4/3/2025Sold$1,300,000+0%$703/sqft
    Source: CRMLS #NP25002254
    3/25/2025Pending sale$1,299,999$703/sqft
    Source: CRMLS #NP25002254
    2/24/2025Listed for sale$1,299,999$703/sqft
    Source: CRMLS #NP25002254
    2/21/2025Pending sale$1,299,999$703/sqft
    Source: Douglas Elliman #NP25002254
    2/13/2025Contingent$1,299,999$703/sqft
    Source: CRMLS #NP25002254

    Public tax history

    YearProperty taxesTax assessment
    2025$9,675 +1.2%$792,908 +2%
    2024$9,563 +61.5%$777,362 +64%
    2023$5,921 +4.9%$473,865 +2%

    Find assessor info on the county website

    Neighborhood: Valley Village

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Burbank
    • Middle: Walter Reed
    • High: North Hollywood

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,262,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,262,100