
Studio City, California 91604
This Renovated Hillside Estate is a Strong Value Opportunity, listed at $2,195,000—positioned well below the $2,329,054 Fair Market Value by 5%. This valuation gap provides $134,054 in Instant Equity for the buyer. Boasting an Excellent Condition Rating following a high-end renovation, the home features a modern chef’s kitchen, five en suite bedrooms, and expansive multi-level decks with panoramic city light views. Located in the elite Carpenter Community Charter School district, it balances financial upside with a sophisticated lifestyle. This is an ideal acquisition for Luxury-Seeking Families or Owner-Occupants.
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 | $633 | - |
A 11268 Sunshine Terrace Sold | $2,600,000 | 5 | 5 | 4,109 | $633 | 0.6 mi |
B 3654 Wrightwood Dr Sold | $2,780,000 | 4 | 5 | 3,959 | $702 | 0.7 mi |
C 11771 Laurelwood Sold | $1,810,000 | 4 | 3 | 3,100 | $584 | 0.3 mi |
D 4269 Camellia Pending | $2,749,000 List Price | 4 | 4 | 3,743 | $734 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1978, the property has undergone an extensive high-end renovation within the last 5 years. The interior features a modern chef's kitchen with premium appliances and waterfall islands, updated en suite bathrooms with contemporary floating vanities and standalone soaking tubs, and high-quality wide-plank flooring throughout. All fixtures, finishes, and systems appear new or virtually new, meeting current luxury standards with no visible deferred maintenance.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Carpenter Community Charter School district and just minutes from Ventura Boulevard, this property offers an elite Studio City lifestyle with immediate access to top-tier dining and shopping.
The 3,682-square-foot layout features five en suite bedrooms, a dedicated office, and a flexible lower-level lounge, providing an ideal configuration for large families, multi-generational living, or remote work.
The multi-level vertical design and lack of a traditional flat grassy yard may pose accessibility challenges and limit outdoor play space for families with small children or pets.
Built in 1978, the property may require significant capital investment for long-term maintenance of hillside structural elements or original systems not addressed in recent cosmetic updates.
Experience indoor and outdoor living with abundant natural light and an easy flow throughout overlooking the treetops and city lights. The main level is designed for gathering and entertaining, featuring an open living area and a modern kitchen equipped with premium appliances. Large doors open to a generous deck, creating a natural extension of the living space for dining, entertaining, or relaxing outdoors. The level below features three well-appointed en suite bedrooms. The primary suite offers a private retreat with a comfortable sitting area, a spacious en suite bathroom with dual vanities, and a walk-in closet. This floor also includes a dedicated office and an additional en suite bedroom with a standalone soaking tub and separate shower. The lower level offers additional versatility with a central lounge area and two en suite bedrooms, currently used as a home gym and a children's room, with flexible space that can be adapted to suit a variety of uses. Outdoor spaces include a welcoming front porch, expansive decks on multiple levels, and a paved side yard that provides additional areas for relaxation and entertaining. Located within the highly regarded Carpenter Community Charter School district and just minutes from the shops, cafs, and restaurants along Ventura Boulevard, this property offers both convenience and a sought-after Studio City location.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 69% |
| Baths | 5.0 | 3.0 | 68% |
| Square foot | 3,682 | 2,571 | 68% |
| Lot Size | 8,235 | 8,401 | 48% |
| Price | $2.19M | $2.30M | 45% |
| Price per sq ft | $596 | $950 | 6% |
| Built year | 1978 | 1956 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 162 | 3% |
Mar 16, 2026
$2,195,000
Initial Listing
Oct 20, 2020
$1,405,000
Public Record
Oct 17, 2018
$1,055,000
Public Record
Jan 11, 2017
$1,055,000
Public Record