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

11587 Sunshine Terrace
Studio City, California 91604
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11587 Sunshine Terrace Subject | $2,195,000* List Price | 5 | 5 | 3,682 | $596 | - |
A 3654 Wrightwood Dr Sold | $2,780,000 | 4 | 5 | 3,959 | $702 | 0.7 mi |
B 3609 Berry Drive Sold | $2,225,000 | 4 | 4 | 3,225 | $690 | 0.3 mi |
C 11268 Sunshine Terrace Pending | $2,694,999 List Price | 5 | 5 | 4,109 | $656 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
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 | 5.0 | 3.0 | 69% |
| Square foot | 3,682 | 2,477 | 69% |
| Lot Size | 8,235 | 7,766.5 | 55% |
| Price | $2.19M | $2.20M | 49% |
| Price per sq ft | $596 | $957 | 7% |
| Built year | 1978 | 1954 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 287 | 170 | 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
































