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Sold for $1,300,000
    • Listed by: Douglas Elliman Of California • Kim Cohen • Contact: 949-285-0825
    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
    $1,261,600 Zestimate®
    $703/sqft
    $5,951 Estimated rent

    Home value

    $1,261,600

    $1.14M - $1.40M

    $5,951/mo

    Zestimate® history
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    What's special

    Private fenced yardLush private backyardBright kitchenKitchen islandWhite cabinetryFamily roomDining area
    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:

    Listing updated:

    Listed 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
    Rooms
    • Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Dining Room
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Tub Shower
    Kitchen
    • Features: Granite Counters, Kitchen/Family Room Combo
    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
    • View description: None
    Lot
    • Size: 7,200 Square Feet
    • 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 & HOA

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

    Financial & listing details

    • Price per square foot: $703/sqft
    • Tax assessed value: $1,321,320
    • Date on market: 1/17/2025
    • Cumulative days on market: 66 days
    • Listing terms: Cash to New Loan
    • Inclusions: Fridge, Washer and Dryer, Microwave in both properties
    • Exclusions: Fireplace is not hooked up.
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    4/3/2025Sold$1,300,000+0%$703/sqft
    Source: CRMLS #NP25002254 Report a problem
    3/25/2025Pending sale$1,299,999$703/sqft
    Source: CRMLS #NP25002254 Report a problem
    2/24/2025Listed for sale$1,299,999$703/sqft
    Source: CRMLS #NP25002254 Report a problem
    2/21/2025Pending sale$1,299,999$703/sqft
    Source: Douglas Elliman #NP25002254 Report a problem
    2/13/2025Contingent$1,299,999$703/sqft
    Source: CRMLS #NP25002254 Report a problem
    1/17/2025Listed for sale$1,299,999+306.2%$703/sqft
    Source: CRMLS #NP25002254 Report a problem
    6/30/2011Sold$320,003$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,321,320 +66.6%
    2025$9,675 +1.2%$792,908 +2%
    2024$9,563 +61.5%$777,362 +64%
    2023$5,921 +4.9%$473,865 +2%
    2022$5,646 +1.3%$464,575 +2%
    2021$5,575 -1%$455,467 +1%
    2020$5,630 $450,798 +2%
    2019$5,630 +5.3%$441,960 +22.7%
    2018$5,345 +19.5%$360,309 +2%
    2017$4,472 +2.3%$353,246 +2%
    2016$4,373 +2.4%$346,320 +1.5%
    2015$4,268 +0.9%$341,119 +2%
    2014$4,228 $334,438 +2.5%
    2012-- $326,400 -25.3%
    2011-- $437,200 +10.1%
    2010-- $397,000 -16.8%
    2009-- $477,258 +728.1%
    2008-- $57,636 +2%
    2007-- $56,507 +2%
    2006-- $55,400
    2005-- $55,400 +4%
    2004-- $53,251 +1.9%
    2003-- $52,276 +2%
    2002-- $51,252 +4%
    2000-- $49,264
    Find assessor info on the county website

    Neighborhood: Valley Village

    Nearby homes

    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
    $1,261,600
    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
    $1,261,600

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