5420 Morella Avenue
Valley Village, CA, 91607
$1,599,000
MLS: 26659523
Beds
3
Baths
4
Sq Ft
1,871
Lot
0.19 ac
Year Built
1940
MLS #
26659523
Days on Market
30
Listed
Mar 11, 2026
Description
New price, don't miss this! Expanded Traditional Valley Village home set on an expansive 8,100 sq ft lot, thoughtfully renovated to combine timeless character with modern conveniences and a highly flexible floor plan. This beautifully designed 3-bedroom, 3.5-bath residence blends relaxed California living with organic warmth and thoughtful functionality. The welcoming formal entry introduces the home's warm and inviting interiors, leading to a beautifully renovated chef's kitchen designed for both practicality and entertaining. Appointments include a maple butcher block island with counter seating, quartz countertops, Bosch appliances, abundant cabinetry, and a convenient adjacent laundry and storage room. The dining room, highlighted by an elegant tray ceiling, shares a striking dual-sided fireplace with the comfortable den, which includes custom built-ins and a charming brick fireplace. Lovely French doors connect seamlessly to the oversized backyard. Maple-toned hardwood floors, recessed lighting, and thoughtful millwork enhance the main living spaces, creating a cohesive yet relaxed atmosphere. The outdoor setting is rich with mature fruit trees and features a covered patio ideal for al fresco dining, exceptional privacy, and abundant room for a future pool - presenting endless entertaining possibilities. The home's guest bedroom wing is generously sized and thoughtfully arranged for privacy, with two bedrooms, one offering an en-suite full bath. Upstairs, the primary suite serves as a peaceful retreat featuring vaulted ceilings, generous closet space, an updated bath with a custom vanity and steam shower, and an inviting balcony overlooking treetop views. Adding exceptional versatility, the detached two-car garage has been fully finished with mini-split HVAC, recessed lighting, and custom barn doors, making it ideal as a music studio, game lounge, creative workspace, or potential ADU. Additional highlights include owned solar panels, a backup generator, EV charger, central HVAC, Nest thermostat, and security system. Enjoy convenient proximity to the Valley Village/Laurel Canyon Metro station, North Hollywood High, nearby parks, easy freeway access, and close reach to the area's vibrant shops, dining, and entertainment. This Valley Village residence presents a rare opportunity to enjoy classic architecture, modern comfort, and adaptable living spaces in a desirable neighborhood setting.
Location
Valley Village, Los Angeles County, CA 91607
Open on Google Maps ↗Listed by: Jodi Rubin · Sotheby's International Realty
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
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 Valley Village 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.
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