11583 Sunshine Terrace, Studio City, California 91604, Studio City, 91604 - 5 bed, 6 bath

11583 Sunshine Terrace
Studio City, California 91604
Property Price
SUMMARY
Analysis of 11583 Sunshine Terrace, Studio City, California 91604 reveals a Prime Investment Opportunity with a current list price of $3,395,000—significantly undercutting the $3,716,566 Fair Market Value by 8%. This valuation gap indicates a +$321,566 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11583 Sunshine Terrace Subject | $3,395,000* List Price | 5 | 6 | 4,395 | $846 | - |
A 3743 Mound View Avenue Sold | $3,580,000 | 5 | 5 | 3,750 | $955 | 0.6 mi |
B 4360 Farmdale Avenue Sold | $3,500,000 | 5 | 5 | 3,693 | $948 | 0.8 mi |
C 11317 Valley Spring Lane Active | $3,795,000 List Price | 5 | 7 | 3,800 | $999 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end contemporary renovation within the last few years, effectively bringing the 1978 structure to brand-new standards. The kitchen is equipped with premium Thermador appliances and custom cabinetry, while the interior features wide-plank white oak flooring, vaulted ceilings, and designer light fixtures. With integrated smart home technology (Lutron lighting, surround sound), solar panels, and a fully renovated ADU matching the main house's quality, the property shows no deferred maintenance and meets the highest current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Panoramic Views & Architectural Design
This recently renovated contemporary home features dramatic vaulted ceilings and expansive walls of glass that showcase sweeping mountain and city views, seamlessly blending indoor luxury with an oversized outdoor viewing deck.
- Integrated ADU & Versatile Layout
The property includes a fully integrated ADU with a full kitchen and a separate bonus space, providing excellent potential for rental income, multi-generational living, or a high-end executive home office.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4395, other record living area = 3607. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Limited Flat Yard Space
Given the hillside location and a lot size of 6,565 square feet for a 4,395 square foot home, there is a lack of traditional flat backyard space, which may be a drawback for buyers with pets or young children.
- Inconsistent School Ratings
While the area is served by some high-performing elementary schools, the assigned secondary schools in the district have significantly lower ratings, which could impact the property's appeal to education-focused families.
About 11583 Sunshine Terrace
A refined architectural retreat in prime Studio City, south of Ventura Boulevard, this recently renovated contemporary residence commands attention with striking proportions and sweeping mountain and city views, including a fully integrated ADU. An open floor plan unfolds beneath dramatic vaulted ceilings, where wide-plank white oak floors and expansive walls of glass create seamless continuity between living, dining, and entertaining spaces. The oversized view deck extends the living experience outdoors, embracing the quintessential California indoor/outdoor lifestyle against a backdrop of panoramic vistas. The kitchen is both sculptural and functional, appointed with Thermador appliances, custom cabinetry, and a statement island designed for effortless gathering. The primary suite offers a sophisticated sanctuary with fireplace and private terrace access. Additional en-suite bedrooms provide refined comfort, while a versatile bonus space with separate entrance potential lends itself to a screening lounge, executive office, or the capability for a dual-primary configuration. The attached ADU reflects the same design integrity as the main residence, complete with a full kitchen ideal for guests, extended stays, or income potential. Lutron lighting, integrated surround sound, solar panels, enhanced security, generous storage, and a finished epoxy garage complete the offering. A residence that balances architectural presence with livable luxury, set within one of Studio City's most coveted enclaves.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,565 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Studio City Unified Schools
Rio Vista Elementary School
Grades K-5 • 1.1 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.7 mi
Toluca Lake Elementary School
Grades K-5 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 71% |
| Baths | 6.0 | 3.0 | 79% |
| Square foot | 4,395 | 2,477 | 87% |
| Lot Size | 6,565 | 7,672 | 27% |
| Price | $3.40M | $2.23M | 76% |
| Price per sq ft | $772 | $957 | 24% |
| Built year | 1978 | 1954 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 169 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$3,395,000
Initial Listing
Sold
Jun 5, 2024
$3,365,000
Public Record
Sold
Oct 26, 2022
$1,515,000
Public Record












































