
Studio City, California 91602
This Move-in Ready Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $472,869 Fair Market Value by -5%. While the complex is currently undergoing an SB 326 project, the unit features a Condition Rating of 3, highlighted by a Renovated Kitchen with granite countertops and stainless steel appliances. Residents enjoy a Resort-Style Garden Community with a pool, spa, and private balcony. This property is an ideal acquisition for Cash Buyers or Non-QM Investors seeking a tranquil, well-located Studio City residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11138 Aqua Vista Street Subject | $499,000* List Price | 1 | 1 | 764 | $619 | - |
A 11138 Aqua Vista Street 73 Sold | $499,000 | 1 | 1 | 734 | $680 | 0.0 mi |
B 11138 Aqua Vista 43 Sold | $560,000 | 2 | 2 | 975 | $574 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the unit is in move-in condition with a renovated kitchen featuring granite countertops, shaker-style cabinetry, and stainless steel appliances. The flooring and bathroom vanity have also been updated, placing the interior renovations within the 5-15 year range.
The property is ideally situated in the prestigious Woodbridge Park neighborhood, offering exceptional proximity to trendy Tujunga Village, major film studios like Netflix and Universal, and easy freeway access.
Located within a gated three-acre resort-style complex, the unit benefits from lush landscaping, mature trees, a pool, and a spa, providing a tranquil retreat from the city.
As a corner unit, this home offers enhanced privacy and superior natural light compared to interior units, complemented by a large private balcony for outdoor relaxation.
The complex is currently classified as 'unwarranted' due to an ongoing SB 326 project, which limits buyer options to cash or specialized Non-QM loans, potentially reducing the pool of eligible buyers.
With only 764 square feet of living area, the one-bedroom floor plan may be restrictive for buyers requiring additional space for a home office or significant storage.
An amazing mid-century modern condo in one of L.As' last remaining garden communities. Studio City Villas is a gated resort-style property on apprx. three acres, featuring story-book walkways shaded by mature trees & lush landscaping, a sparkling pool and spa. Built in the 1960's the complex dwells in the prestigious Woodbridge Park neighborhood right on the border between Studio City and Toluca Lake. A mere stone throw to the quaint shops and restaurants of trendy Tujunga Village and Woodbridge Park, and minutes to landmarks such as Universal Studio's Theme Park & City Walk (to the east.) Soon to be Netflix Studios =former CBS (to the west) and Toluca Lake's Lakeside Golf Course & country club (to the north.) And iconic landmarks such as Patty's and Bob's Big Boy (with its Friday's Vintage Classic Cars show.) We’re a quick hop to the 101, 134, and 170 freeways, just minutes to Disney, Warner Bros and many of Burbank’s Studios and post production houses. This cozy 1 BR + 1 BA corner unit located close to the gate providing access for easy unloading and deliveries. Enjoy tree-lined walkways that offer a tranquil respite from the cityscape, and the unit's large, private balcony to relax on a glass of wine after a hectic day at work. Some of this complex nuggets are: pool, spa, EQ insurance, pets allowed, gated community, nano-minutes to restaurants, shopping, and freeways. Unit is in move-in shape with ample natural light. Cash is welcome or flexible financing for an unwarranted (Non QM) loans are available (as the complex is not yet fully completed the SB 326 project.)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 15% |
| Baths | 1.0 | 3.0 | 15% |
| Square foot | 764 | 1,440 | 12% |
| Lot Size | 129,439 | 21,985 | 88% |
| Price | $499.0K | $733.5K | 15% |
| Price per sq ft | $653 | $538 | 81% |
| Built year | 1963 | 1992 | 12% |
| HOA | $550.0 | $584 | 31% |
| Days on market | 15 | 154 | 4% |
May 31, 2026
$499,000
Initial Listing
Oct 24, 1997
$67,000
Public Record
Jun 26, 1996
$62,000
Public Record