11502 Dona Teresa Drive, Studio City, California 91604, Studio City, 91604 - 5 bed, 6 bath
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Studio City, California 91604
This Spacious Mid-Century Hillside Home is a Prime Investment Opportunity, listed at $2,888,888—positioned well below the $2,999,000 Fair Market Value by 3%. This valuation gap offers $110,112 in Instant Equity for buyers. Boasting a Good Condition Rating, the residence features panoramic valley views, a permitted sauna, and a pool/spa oasis. Located in the elite Carpenter School District near Warner Avenue Elementary (9/10), it balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or Luxury-Seeking Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11502 Dona Teresa Drive Subject | $2,888,888* List Price | 5 | 6 | 3,679 | $815 | - |
A 3620 Wrightwood Drive Sold | $3,520,000 | 5 | 5 | 3,472 | $1,014 | 0.8 mi |
B 11818 Laurel Hills Road Sold | $3,400,000 | 6 | 4 | 4,148 | $820 | 0.5 mi |
C 11747 Canton Place Sold | $2,495,000 | 5 | 4 | 2,950 | $846 | 0.4 mi |
D 3544 Laurel Canyon Sold | $2,250,000 | 4 | 3 | 2,972 | $757 | 0.6 mi |
E 3156 Dona Emilia Drive Sold | $2,650,000 | 5 | 3 | 3,040 | $872 | 0.5 mi |
F 11268 Sunshine Terrace Sold | $2,600,000 | 5 | 5 | 4,109 | $633 | 0.8 mi |
G 11411 Dona Lola Drive Active | $2,495,000 List Price | 4 | 4 | 3,576 | $698 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been very well-maintained. Although originally built in 1962, it features high-end updates including a kitchen with Thermador appliances and custom granite countertops, as well as modern additions like paid-off solar panels and a permitted sauna/steam room. The flooring is a mix of well-kept parquet, stone, and newer wide-plank wood in the primary suite. It is classified as 'good' rather than 'excellent' because the kitchen cabinetry, specific tile choices, and traditional fixtures suggest the major renovations occurred approximately 10 to 15 years ago rather than within the last 5 years.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the prestigious 'Dona streets' celebrity pocket and within the highly sought-after Carpenter School District, providing exceptional long-term value and neighborhood prestige.
The property features a permitted custom sauna and steam room plus a separate grandfathered guest/bonus room, offering rare flexibility for a creative studio, workshop, or home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3679, other record living area = 3559. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Four consecutive price reductions within 51 days suggest the property is still struggling to find its market value relative to current buyer demand.
Having been held by the same owner for over 22 years, the 1962-built home may require significant cosmetic or system updates to meet modern luxury standards.
Nestled in the coveted Dona streets of the Studio City Hills celebrity pocket, within the Carpenter School District, this mid-century gem is on the market for the first time in over 22 years. New owners will enjoy spacious, light filled 3,559 sq. ft. home, 192 sq. ft. custom-built permitted sauna & steam room with full bathroom, and a separate grandfathered guest / bonus room that can be a creative studio or a work shop. The formal, bright entry foyer with high ceilings leads to the main level, which includes a generously sized living room with a fireplace, a family room with a wet bar, a dining room, and a kitchen with custom granite countertops and Thermador appliances (48" wide fridge). The maid's suite has a separate entry. Upstairs, the primary suite enchants with sweeping panoramic views of the valley, a fireplace, a walk-in closet, and a large bathroom. The upper level also features a second suite, a private office and an additional bedroom, providing ample space for family or guests. The backyard is a private retreat, complete with a pool, spa (with both gas and solar heating systems), and a BBQ area. Paid-off electrical solar panels, a pool table, and all appliances are included. Ideally located for an easy commute to the Westside, Hollywood, Santa Monica Mountains, scenic hiking trails, and the best shopping, dining, and entertainment that Los Angeles has to offer. Call the listing agent for details and showings.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 69% |
| Baths | 6.0 | 3.0 | 78% |
| Square foot | 3,679 | 2,571 | 67% |
| Lot Size | 12,463 | 8,427 | 78% |
| Price | $2.89M | $2.33M | 66% |
| Price per sq ft | $785 | $950 | 27% |
| Built year | 1962 | 1956 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 162 | 6% |
Apr 9, 2026
$2,888,888
$2,949,000
-2% Price Drop
Initial Listing
Mar 24, 2026
$2,949,000
$2,995,000
-2% Price Drop
Initial Listing
Mar 7, 2026
$2,995,000
$2,999,000
+0% Price Increase
Initial Listing
Feb 22, 2026
$2,999,000
Initial Listing
Sep 4, 2003
$950,000
Public Record