Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

5120 Willowcrest Avenue

North Hollywood, CA, 91601

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$1,599,000

MLS: 26681411

Beds

4

Baths

3

Sq Ft

1,720

Lot

0.18 ac

Year Built

1929

MLS #

26681411

Days on Market

10

Listed

Apr 12, 2026

Description

Built in 1929, at the height of Hollywood's Golden Age, this Spanish Hacienda was commissioned for the early Studioland era, a time when homes were designed with intention, proportion, and lasting character. Set on a rare double-sized 8,001 square foot lot along a quiet, tree-lined street in Toluca Woods, the property stands apart from the more common bungalows of the time, offering architectural scale and presence that has become increasingly hard to find. A formal vestibule entry sets the tone, leading into a living room defined by soaring coved barrel ceilings, arched passageways, and original hardwood floors. A large picture window brings in natural light, while a crisp white plaster fireplace, paired with period-inspired brass fixtures, anchors the space. A dedicated dining room transitions into the kitchen, which has been updated with custom cabinetry, tile flooring, a designer backsplash, and chef-grade appliances. The layout remains practical and well-connected, supporting both everyday use and entertaining. Three well-proportioned bedrooms are positioned along the north side of the home, each with generous closet space and consistent natural light. The front bedroom includes a newly built en suite bath with a clean, modern finish. The main bathroom leans into classic Spanish influence, featuring terra cotta tile, a custom vanity, a deep soaking tub, and wrought-iron fixtures. The backyard opens to a wide, usable setting with a large green area and a covered dining space designed for outdoor living. There is ample room to introduce a pool, expand the deck, or further shape the grounds over time. At the rear of the property, a newly constructed detached ADU, fully permitted in 2026, adds a modern layer to the home's historic foundation. Complete with its own kitchen and bath, it offers immediate flexibility for rental income, a private office, guest quarters, or extended living. Beyond the ADU, a separate bonus structure provides additional space for a studio, gym, workshop, or storage. Alley access introduces further potential, allowing for additional expansion or future use options. Located within walking distance to Toluca Lake Elementary School and just minutes from Ventura Boulevard and the NoHo Arts District. Nearby favorites include Groundwork Coffee Co., Whole Foods Market and Epicurus Gourmet, along with local staples like The Idle Hour and The Front Yard at The Garland Hotel.

Location

North Hollywood, Los Angeles County, CA 91601

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Listed by: Timothy Braun · Character Homes

Payment estimate

$11,407

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100

%
Principal & Interest
$8,842
Property tax (1.25%)
$1,666
Homeowners insurance
$300
Mortgage insurance
$600
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hollywood home with as little as 3.5% down using an FHA loan — roughly $55,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See North Hollywood, CA 91601 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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