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

11583 Sunshine Terrace, Studio City, California 91604 home-pic-0

11583 Sunshine Terrace

Studio City, California 91604

ACTIVE
CONDITION: EXCELLENT
5Beds
6Baths
4,395Sq Ft
6,565Lot Size

Property Price

LIST PRICE$3,395,000
EST. MARKET VALUE
$3,716,566
8% BelowMARKET VALUE

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

$3,716,566 +$321,566 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Studio City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
11583 Sunshine Terrace
Subject
$3,395,000*
List Price
564,395$846-
A
3743 Mound View Avenue
Sold
$3,580,000553,750$9550.6 mi
B
4360 Farmdale Avenue
Sold
$3,500,000553,693$9480.8 mi
C
11317 Valley Spring Lane
Active
$3,795,000
List Price
573,800$9990.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

7/10

Wonderland Avenue Elementary School

Grades K-5 • 1.7 mi

9/10

Toluca Lake Elementary School

Grades K-5 • 1.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
71%
Baths6.03.0
79%
Square foot4,3952,477
87%
Lot Size6,5657,672
27%
Price$3.40M$2.23M
76%
Price per sq ft$772$957
24%
Built year19781954
72%
HOA$0$0
50%
Days on market9169
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

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