$10,000 Closing Credit¹
#P1-20644, Reem Saleh, Listing Office: Engel & Voelkers Pasadena
#NP25002254·
Listing Office: Douglas Elliman Of California·
Listing Agent: Kim Cohen·
Listing Office Phone: 949-285-0825
$1,299,999 List price
5518 Simpson Ave Valley Village, CA 91607
$10,000
Closing credit¹
3 beds
2 full, 1 partial
1,850 sqft
0.2 acres
$703 / sqft
House
Property details
About 5518 Simpson Ave
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!
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Size1,850 sqft
Lot size0.1653 Acres
Year built1942
ParkingDriveway, Paved
MLS #NP25002254
FireplaceDining Room, See Remarks
Summary
- MLS Number: NP25002254
- MLS Name: CRMLS
- Office Name: Douglas Elliman Of California
- Office Phone: (949) 285-0825
- Listing Agent: Kim Cohen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,299,999
5518 Simpson Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 30, 2011 | Home Sold | $320,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $777,362 | $9,563 |
| 2023 | $473,865 | $5,920 |
| 2022 | $464,575 | $5,646 |
| 2021 | $455,467 | $5,575 |
History based on county public records data.
Nearby schools
5
Burbank Boulevard Elementary
Public District PK-5
0.6 mi
•12215 Albers St
5
Maurice Sendak Elementary
Public District KG-5
0.7 mi
•11414 Tiara St
9
Colfax Charter Elementary
Public Charter KG-5
0.7 mi
•11724 Addison St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,942. Most Valley Village, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
35%
35k-100k
24%
100k-200k
8%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
46%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5518 Simpson Ave
This home is located at 5518 Simpson Ave in Valley Village, CA and zip code 91607 in the The San Fernando Valley neighborhood. This 1,850 square foot home, which was built in 1942, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $1,299,999.
In February 2025 more than 212 listings in Valley Village, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. In February 2025 in Valley Village, CA there were 10.8% more homes for sale than in January. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.