11771 Laurelwood, Studio City, California 91604, Studio City, 91604 - 4 bed, 3 bath
11771 Laurelwood
Studio City, California 91604
Property Price
SUMMARY
Analysis of 11771 Laurelwood, Studio City, California 91604 reveals a Fairly Priced Property with a current list price of $1,820,000 aligned with the estimated $1,820,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 11771 Laurelwood Subject | $1,820,000* List Price | 4 | 3 | 3,100 | $587 | - |
A 3536 Laurel Canyon Sold | $1,490,000 | 4 | 3 | 2,223 | $670 | 0.4 mi |
B 12236 Laurel Terrace Drive Active | $2,299,000 List Price | 4 | 3 | 3,345 | $687 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1949, this property has undergone extensive and relatively recent renovations, particularly in the main house. The kitchen features modern white shaker cabinets, stainless steel appliances, marble-look countertops, and wood-look tile flooring, indicating an update within the last 5-15 years. The living areas boast vaulted ceilings, recessed lighting, and contemporary finishes. While the primary bathroom's black and white tile and Hollywood vanity lights suggest a slightly older renovation, it remains well-maintained and functional. The ADU and guest quarters also appear updated with modern flooring and fixtures. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Exceptional Versatility & Income Potential
A unique three-unit compound (main house, ADU, guest quarters) with separate entrances offers unparalleled flexibility for live/work, multi-generational living, or significant rental income opportunities.
- Prime Walkable Studio City Location
Nestled on a secluded cul-de-sac in the Studio City Hills, yet boasts high walkability to top-rated Carpenter School, essential amenities like Trader Joe's, and recreational spots like Fryman's hiking trail.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3100, other record living area = 3169.
- Property Age & Potential Updates
Built in 1949, the property's age may suggest a need for ongoing maintenance or potential updates to systems and finishes to meet modern standards, despite its unique features.
- Leased Solar Panels
While beneficial for energy, the solar panels are leased, meaning the buyer will assume an existing lease agreement rather than owning the system outright, which could be a consideration for some.
About 11771 Laurelwood
On a secluded Cul-De-Sac in Studio City Hills and yet at the center of town - this unique compound is comprised of 3 units: (1) main house appx. 2,100 sq.ft.: 2 BR+2 BA +LOFT (or 3rd BR / home office /studio) (2) An ADU, appx. 650 sq.ft. (above the 3 car garage): 1 BR+1 BA, LR, Kitchenette, balcony & VIEW. (3) Guest Quarters appx. 450 sq.ft.: 1 BR+1 BA + LR +Sauna. Each of the 3 structures has separate entrance. That combination makes this amazing property perfect for a live / work residence where one lives in the main house, uses the ADU as work area and uses the guest quarters for a live-in, 'man's-cave' or potential rental. What’s unbeatable is the central location that affords incredible convenience: walkable to the award winning Carpenter School, to Radford Studio Center (former CBS Studios,) to Trader Joe’s, to Farmers Market. We're near Fryman’s hiking trail (for nature lovers,) In short: we’re at the center of town and yet in a secluded cul-de-sac. The main house open floor plan is ideal for entertaining: kitchen and breakfast bar open to the living room, the den & dining area and flows seamlessly to the pool, spa and large deck. Experience the indoor / outdoor lifestyle of sunny California! Other features: high vaulted ceilings in: LR, Primary BR, LOFT & ADU. 2 FPLCs. Solar Panels (leased), Pool, Spa, Deck. 4 parking spaces (In 2024 house was appraised at $2,480,000.)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 9,838 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 • 1.3 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.9 mi
Toluca Lake Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,100 | 2,477 | 66% |
| Lot Size | 9,838 | 7,766.5 | 73% |
| Price | $1.82M | $2.20M | 32% |
| Price per sq ft | $587 | $957 | 7% |
| Built year | 1949 | 1954 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 169 | 23% |
Pricing History
Listed for Sale
Jan 7, 2026
$1,820,000
$1,890,000
-4% Price Drop
Initial Listing
Price Change
Nov 11, 2025
$1,890,000
Initial Listing
Sold
Dec 3, 2018
$1,637,500
Public Record