
Studio City, California 91604
This property presents a High-Potential Investment Opportunity with a List Price of $1,999,000—positioned well below the $2,042,151 Fair Market Value by 2%. This valuation gap offers $43,151 in Instant Equity for buyers. Featuring a 14,793 sqft lot with panoramic hill views and a private pool, the home requires a full interior renovation to reach its Condition Rating of 5. Located in the top-rated Carpenter School District, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11345 Dona Lola Drive Subject | $1,999,000* List Price | 4 | 3 | 2,796 | $738 | - |
A 11575 Amanda Drive Sold | $1,975,000 | 4 | 3 | 2,780 | $710 | 0.5 mi |
B 11467 Dona Cecilia Sold | $1,855,000 | 3 | 3 | 2,254 | $823 | 0.5 mi |
C 10803 Alta View Drive Sold | $2,150,000 | 4 | 4 | 2,667 | $806 | 0.7 mi |
D 11540 Dona Evita Drive Sold | $2,000,000 | 4 | 3 | 2,964 | $675 | 0.4 mi |
E 3004 Laurel Canyon Boulevard Sold | $1,450,000 | 3 | 4 | 2,433 | $596 | 0.5 mi |
F 11428 Dona Pegita Drive Active | $1,999,000 List Price | 4 | 3 | 2,881 | $694 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and marketed as a 'developer opportunity' and 'blank canvas,' this property shows no evidence of major renovations in the last 30-50 years. The kitchen features dated tile countertops and older white appliances, while the interior contains popcorn ceilings and worn carpeting, indicating a need for a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14793, living area = 2796.
Elementary School: Warner Avenue Elementary School (9/10).
Situated South of the Boulevard in the prestigious Carpenter School District, this property offers exceptional long-term value and immediate proximity to Ventura Boulevard’s premier amenities.
Marketed as a property with 'endless potential,' the home likely requires a substantial capital investment to modernize the interior finishes, layout, and aesthetic to meet current luxury standards.
Given its 1964 construction and 'blank canvas' status, the property may require extensive and costly upgrades to aging mechanical, electrical, and plumbing systems during the remodeling process.
Incredible opportunity perfect for an end-user or a developer! Tucked away in the hills above Studio City, this timeless Midcentury home sits on a sprawling 14,793 square foot lot, where sweeping treetop views provide a picturesque backdrop for everyday living. Brimming with potential, the thoughtfully designed layout features a spacious living room, inviting family room with a wet bar, formal dining room and well-appointed kitchen that opens seamlessly to a versatile flex space ideal for a breakfast nook or additional lounge space. Sliding glass doors open to a private backyard retreat, where a sparkling pool and scenic views set the stage for serene outdoor living. This home offers four generously sized bedrooms, including a primary suite complete with a walk-in closet and ensuite bath boasting a soaking tub, glass-enclosed shower and dual-sink vanity. Additional highlights include two secondary baths and a two-car garage with laundry hookups. Ideally located South of the Boulevard within the top-rated Carpenter School District, you’re just moments away from Ventura Boulevard’s premier shops and restaurants, Fryman Canyon hiking trails, Hollywood and so much more. A blank canvas with endless potential, this property presents an exceptional opportunity to create the home you've always envisioned.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 3.7 |
| Square foot | 2,796 | 2,738.333 |
| Lot Size | 14,793 | 7,678.807 |
| Price | $2.00M | $2.13M |
| Price per sq ft | $715 | $896 |
| Built year | 1964 | 1956 |
| HOA | $0 | $0 |
| Days on market | 37 | 62 |
Aug 3, 2026
$1,999,000
Initial Listing