
Studio City, California 91604
This Stunning Hillside Sanctuary is a High-Potential Investment Opportunity, listed at $1,900,000—positioned well below the $1,988,880 Fair Market Value by 4%. This valuation gap offers $88,880 in Instant Equity for the buyer. Featuring a Mint Condition Rating following a high-end renovation, the home boasts a Professional Viking Range, Panoramic Views, and a Spacious Deck. Located near Top-Rated Schools like Warner Avenue Elementary, this property is an ideal acquisition for Owner-Occupants or discerning luxury buyers seeking a turnkey retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11661 Picturesque Dr Subject | $1,849,999* List Price | 3 | 3 | 2,534 | $750 | - |
A 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 0.2 mi |
B 3631 Buena Park Drive Sold | $2,108,400 | 3 | 3 | 2,496 | $845 | 0.3 mi |
C 11528 Decente Drive Sold | $2,183,000 | 3 | 3 | 2,964 | $737 | 0.4 mi |
D 11567 Dona Dorotea Sold | $1,925,000 | 3 | 3 | 2,380 | $809 | 0.8 mi |
E 3736 Berry Drive Sold | $2,061,000 | 4 | 4 | 2,596 | $794 | 0.5 mi |
F 3554 Laurelvale Drive Sold | $1,530,000 | 3 | 2 | 1,774 | $862 | 0.3 mi |
G 3544 Laurel Canyon Sold | $2,250,000 | 4 | 3 | 2,972 | $757 | 0.5 mi |
H 11771 Laurelwood Sold | $1,810,000 | 4 | 3 | 3,100 | $584 | 0.2 mi |
I 3753 Berry Drive Pending | $1,495,000 List Price | 3 | 2 | 1,982 | $754 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen is fully modernized with a professional Viking range and quartz countertops, and the bathrooms feature contemporary floating vanities and updated tile work. The interior shows mint condition with no visible maintenance needs.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on the prestigious Picturesque Drive, the property offers breathtaking panoramic views of city lights and mountains, providing a high-value 'retreat' atmosphere in a coveted Studio City neighborhood.
The interior features soaring ceilings and expansive walls of glass that flood the open-concept floor plan with natural light, creating a sophisticated and spacious aesthetic.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8476, other record lot size in square feet = 8318.
The hillside positioning likely limits usable flat yard space, which may be a drawback for buyers seeking traditional lawns or large recreational areas.
Built in 1960, the property may require updates to its core systems or structural components to meet the efficiency and aesthetic standards of modern luxury buyers.
Tucked away high above Studio City on coveted Picturesque Drive, this exceptional hillside retreat captures the essence of Southern California living with sweeping views, remarkable privacy, and an inviting sense of tranquility. Bathed in natural light, the thoughtfully designed interior showcases an open-concept floor plan with expansive living spaces, soaring ceilings, and walls of glass that frame the surrounding landscape. Seamless indoor-outdoor flow invites effortless entertaining, whether hosting intimate gatherings or enjoying quiet evenings against a backdrop of stunning sunsets and twinkling city lights. Multiple outdoor spaces provide the perfect setting to relax, dine al fresco, or simply take in the serene hillside surroundings. Ideally positioned in one of Studio City’s most sought-after neighborhoods, the property offers a rare combination of seclusion and convenience, just minutes from Ventura Boulevard’s renowned restaurants, boutique shopping, vibrant nightlife, and premier entertainment destinations. A true retreat from the city, yet moments from everything that makes Studio City one of Los Angeles’ most desirable places to call home.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.8 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,534 | 2,360 |
| Lot Size | 8,476 | 7,887 |
| Price | $1.85M | $2.12M |
| Price per sq ft | $730 | $877 |
| Built year | 1960 | 1953 |
| HOA | $0 | $0 |
| Days on market | 35 | 63 |
Jul 17, 2026
$1,849,999
$1,900,000
-3% Price Drop
Initial Listing
Jun 17, 2026
$1,900,000
Initial Listing
Mar 31, 2022
$1,875,000
Public Record