
Studio City, California 91604
This Stunning Hillside Retreat is a Prime Investment Opportunity, listed at $2,099,000—positioned well below the $2,148,696 Fair Market Value by 2%. This valuation gap offers $49,696 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern chef’s kitchen and panoramic views, this home is move-in ready. Located in the sought-after Carpenter Community Charter district, it offers an ideal blend of luxury and stability. This property is perfect for discerning homeowners or long-term investors seeking a high-end Studio City asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11661 Picturesque Dr Subject | $2,099,000* List Price | 3 | 3 | 2,534 | $848 | - |
A 3640 Wrightwood Sold | $2,350,000 | 3 | 3 | 2,273 | $1,034 | 0.8 mi |
B 3631 Buena Park Drive Sold | $2,108,400 | 3 | 3 | 2,496 | $845 | 0.3 mi |
C 11567 Dona Dorotea Sold | $1,925,000 | 3 | 3 | 2,380 | $809 | 0.8 mi |
D 11534 Laurelcrest Drive Sold | $2,100,000 | 3 | 3 | 2,209 | $951 | 0.2 mi |
E 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 0.2 mi |
F 11518 Dona Dorotea Drive Sold | $2,300,000 | 3 | 3 | 2,140 | $1,075 | 0.9 mi |
G 3753 Berry Drive Active | $1,599,000 List Price | 3 | 2 | 1,982 | $807 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone a comprehensive, high-end renovation within the last 5 years. It features a modern statement kitchen with premium appliances, contemporary bathrooms with frameless glass and floating vanities, updated flooring, and recessed lighting, all in mint condition.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on the coveted Picturesque Drive, the home offers exceptional panoramic valley and city-light views, providing a serene and elevated hillside retreat experience.
The residence features a thoughtfully updated interior with a statement chef’s kitchen, premium appliances, and seamless indoor-outdoor flow ideal for contemporary California living.
As a hillside property, the 8,300+ square foot lot likely features significant sloping, which may limit usable flat outdoor space for traditional backyard activities.
Originally built in 1960, the property may require ongoing maintenance of structural or drainage systems typical of mid-century hillside construction, despite modern interior updates.
Perched above Studio City on coveted Picturesque Drive, this beautifully designed hillside retreat blends privacy, elevated views, and effortless California living. Featuring approximately 2,534 square feet with 3 bedrooms and 3 bathrooms on an approximately 8,300+ square foot lot, the home offers an open-concept layout filled with natural light and seamless indoor-outdoor flow. Thoughtfully updated with refined finishes throughout, the residence showcases expansive living spaces centered around a statement kitchen with premium appliances and an oversized island designed for everyday living and entertaining. Multiple bedrooms enjoy ensuite baths and picturesque outlooks, creating a peaceful retreat experience. Step outside to take in panoramic valley, hillside, and city-light views while enjoying the serenity of this prime Studio City location. Moments from Ventura Boulevard’s dining and shopping, nearby hiking trails, entertainment studios, and within the sought-after Carpenter Community Charter area, this home delivers the ideal blend of luxury, creativity, and convenience. A rare opportunity to experience elevated Studio City living.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,534 | 2,583 | 47% |
| Lot Size | 8,315 | 8,830 | 43% |
| Price | $2.10M | $2.23M | 43% |
| Price per sq ft | $828 | $890 | 41% |
| Built year | 1960 | 1959 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 146 | 1% |
May 25, 2026
$2,099,000
Initial Listing
Mar 31, 2022
$1,875,000
Public Record