10862 Fruitland Drive, Studio City, California 91604, Studio City, 91604 - 3 bed, 2 bath
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Studio City, California 91604
This property presents a High-Potential Investment Opportunity with a List Price of $1,399,000—positioned well below the $1,450,869 Fair Market Value by 3%. This valuation gap offers $51,869 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates to reach its full potential. With a 7,500 sqft lot, private spa, and proximity to top-rated schools like Warner Avenue Elementary, this is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking a renovation project in a prime Studio City location.
Studio City home for sale. 3 bed, 2 bath, 1799 sqft with private spa and large lot. Prime South of the Boulevard location. Great value-add opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10862 Fruitland Drive Subject | $1,399,000* List Price | 3 | 2 | 1,799 | $806 | - |
A 3371 Berry Sold | $1,725,000 | 3 | 3 | 2,420 | $713 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1938 and features a kitchen and bathrooms that appear to have been last updated approximately 25-30 years ago (90s-style oak cabinetry and fluorescent lighting). While functional, the listing explicitly states the home 'requires some fixing up,' placing it in the fair category as a dated residence needing cosmetic and minor system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1799.
Elementary School: Warner Avenue Elementary School (9/10).
Situated 'South of the Boulevard' in Studio City, the property is located in a highly desirable and prestigious neighborhood known for its value retention and proximity to elite amenities.
The property is explicitly noted as needing 'fixing up,' which implies immediate additional investment and construction time will be required to bring the home to its full potential.
Dating back to 1938, the home may possess aging systems or structural elements that could lead to unforeseen costs during the remodeling process.
Secluded and Serene, South of the Boulevard Experience ultimate privacy in this exquisite property. The gated entry opens to a picturesque grassy yard and an extended driveway, leading you to a welcoming haven. The spacious living room, adorned with a cozy fireplace, seamlessly transitions into the open-concept kitchen and dining area, perfect for entertaining. The master suite, thoughtfully positioned at the rear of the home, boasts a serene sitting area, an expansive bathroom, and direct access to a charming patio courtyard and spa, creating a personal retreat for relaxation.While this home offers immense potential and unique charm, it does require some fixing up to reach its full potential. With a bit of care and attention, this property can become your dream home.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 4.0 | 16% |
| Square foot | 1,799 | 2,571 | 14% |
| Lot Size | 7,500 | 8,866 | 38% |
| Price | $1.40M | $2.22M | 6% |
| Price per sq ft | $778 | $885 | 33% |
| Built year | 1938 | 1956 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 145 | 1% |
May 20, 2026
$1,399,000
Initial Listing
Dec 7, 2000
$415,000
Public Record
Feb 20, 1996
$220,000
Public Record