
Studio City, California 91604
Analysis of 11452 Canton Drive, Studio City, California 91604 is currently available with a list price of $1,349,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Studio City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is currently a vacant, shovel-ready lot with no existing structure. While the listing provides high-end architectural renderings of a 2025 modern farmhouse, the 'canvas is still blank' and there are no physical kitchens, bathrooms, flooring, or systems to evaluate. Per the criteria, it is classified as a tear-down because it is unlivable in its current state and the value is based solely on the land and its redevelopment potential.
Elementary School: Warner Avenue Elementary School (9/10).
The property is sold with fully approved architectural plans, paid building permits, and all city clearances, eliminating years of notorious permitting delays and allowing for immediate construction.
Situated in a coveted celebrity enclave near Fryman Canyon, the lot is located within the highly-rated Carpenter School District, ensuring strong long-term value and desirability.
As a development opportunity rather than a finished home, the buyer must assume the financial risk and management responsibility of constructing a massive 6,636 sq ft residence.
The project's final valuation is subject to future market conditions and the potential for rising material and labor costs during the construction phase.
Set on a quiet, tree-lined street just across the street from Fryman Canyon, this stunning 6,636 sq ft modern farmhouse sits in one of LA's most coveted celebrity enclaves — within the top-rated Carpenter School District and surrounded by the natural beauty of the Santa Monica Mountains. The open-concept floor plan flows effortlessly across multiple levels, anchored by a spacious lower-level basement and spaces designed for effortless entertaining. This shovel-ready 10,935 sq ft lot comes with fully approved architectural plans, PAID building permits, all city clearances secured. No years of notorious permitting delays, no haul route, no caissons. Gentle 5% slope. Opportunities like this — where the hard work is done and the canvas is still blank — are extraordinarily rare in Studio City Hills. Seller financing available.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 69% |
| Baths | 7.0 | 3.0 | 92% |
| Square foot | 6,636 | 2,571 | 97% |
| Lot Size | 10,935 | 8,549 | 69% |
| Price | $1.35M | $2.30M | 6% |
| Price per sq ft | $203 | $948 | 1% |
| Built year | 2025 | 1956 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 162 | 1% |
Apr 16, 2026
$1,349,000
Initial Listing
Jul 2, 2018
$1,675,000
Public Record