11587 Sunshine Terrace, Studio City, California 91604, Studio City, 91604 - 5 bed, 5 bath

11587 Sunshine Terrace, Studio City, California 91604 home-pic-0

11587 Sunshine Terrace

Studio City, California 91604

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
5Baths
3,682Sq Ft
8,235Lot Size

Property Price

LIST PRICE$2,195,000
EST. MARKET VALUE
$2,195,000

SUMMARY

Analysis of 11587 Sunshine Terrace, Studio City, California 91604 reveals a Fairly Priced Property with a current list price of $2,195,000  aligned with the estimated $2,195,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$2,195,000
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
11587 Sunshine Terrace
Subject
$2,195,000*
List Price
553,682$596-
A
3654 Wrightwood Dr
Sold
$2,780,000453,959$7020.7 mi
B
3609 Berry Drive
Sold
$2,225,000443,225$6900.3 mi
C
11268 Sunshine Terrace
Pending
$2,694,999
List Price
554,109$6560.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1978, the property has clearly undergone an extensive, high-quality renovation within the last 5 years. The kitchen features modern white cabinetry, premium stainless steel appliances, and contemporary lighting. All bathrooms are luxuriously updated with floating vanities, vessel sinks, modern tile, and glass-enclosed showers. Hardwood flooring and recessed lighting are consistent throughout, indicating a complete and recent overhaul to current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Panoramic Views & Natural Light

    The property offers captivating views of the Angeleno treetops and cityscape, complemented by abundant natural light and an easy indoor-outdoor flow throughout.

  • Modern & Entertainment-Ready Living Spaces

    The main level features an open-concept living area and a modern kitchen equipped with premium appliances, designed perfectly for entertaining.

CONSRISKS & DEFICIENCIES

  • Recent Price Reductions

    The property has undergone multiple price reductions from its original listing, potentially indicating initial overpricing or market resistance.

  • Age of Construction (1978)

    Built in 1978, the property, despite potential updates, may have underlying older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades compared to newer homes.

  • Absence of Explicit Cooling System

    The property description highlights natural light and outdoor living but does not explicitly mention a central air conditioning system, which is a significant comfort amenity in Southern California.

About 11587 Sunshine Terrace

Experience the best of indoor and outdoor living, with natural light and easy flow throughout, in an urban oasis overlooking the Angeleno treetops and the cityscape. The main level is designed for entertaining, featuring an open concept living area and a modern kitchen with premium appliances. This entire space extends gracefully to a spacious deck, perfect for gatherings or quiet moments. Venture down to discover three en-suite well appointed bedrooms. The primary suite is a serene escape, complete with a cozy lounge area, a luxurious ensuite bathroom with dual vanities, and a walk in closet. This floor also includes a dedicated office and an additional ensuite bedroom featuring a standalone tub and shower. The lower level provides even more versatility with a central lounging area and two additional ensuite bedrooms, currently configured as a home gym and a charming kids' room. Outdoor living is enjoyed at its finest with a welcoming front porch, expansive decks on every level, and a paved side area, offering multiple distinct spaces for relaxation and recreation. Ideally situated in the highly rated Carpenter Community Charter School district, and just minutes from the vibrant array of shops, cafes, and restaurants on Ventura Boulevard, this home truly delivers on location and lifestyle.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
8,235 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
5 (5 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%
Baths5.03.0
69%
Square foot3,6822,477
69%
Lot Size8,2357,766.5
55%
Price$2.19M$2.20M
49%
Price per sq ft$596$957
7%
Built year19781954
72%
HOA$0$0
50%
Days on market287170
96%

Pricing History

Listed for Sale

Sep 10, 2025

$2,195,000

$2,395,000

-8% Price Drop

Initial Listing

Price Change

Aug 1, 2025

$2,395,000

Initial Listing

Price Change

May 23, 2025

$2,495,000

Initial Listing

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