
Studio City, California 91604
Analysis of 11971 Lockridge Road, Studio City, California 91604 is currently available with a list price of $15,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old and retains its original finishes. While the estate is meticulously maintained and move-in ready, the kitchen and bathrooms are stylistically dated (early 2000s raised-panel cabinetry and granite) and exceed the 20-year threshold for a 'Good' rating without a recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104958, living area = 10338.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on a double-gated private road with only four homes in the prestigious Fryman Estates, this ultra-secluded manse offers the ultimate security and discretion for high-profile buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =104958, other record lot size in square feet = 185126.
The sheer scale of the 10,338-square-foot residence combined with extensive grounds and specialized amenities will require significant ongoing operational and landscaping expenses.
While the local elementary schools are highly rated, the assigned middle and high schools have lower ratings (3-6), which may be a drawback for families not planning on private education.
1st time available for sale and a remarkable opportunity for a highly-qualified buyer to acquire this double-gated ultra-secluded 2002-built 2sty comfortably elegant manse. Located on the most exclusive gated private road of only 4 homes in Fryman Estates and set on a majestic 2.4 acre (usable) lot with sweeping city/canyon/hilltop/treetop views and a tremendous flat pad. Voluminous scale with super high ceilings, large light-filled rooms, and endless grounds including a fabulous pool/spa and lighted full-size tennis court all taking perfect advantage of the unobstructed views. From the circular motorcourt, one enters through double-doors into the dramatic 2sty dual-staircase skylit foyer leading to a gracious paneled library/office, living room/salon, formal dining room, and huge family room with bar and wine storage. Massive chef's kitchen with breakfast room and walk-in pantry overlooks and opens to the grounds and views. The primary retreat with fantastic views contains a sitting room, bar, fireplace, balcony, sauna, dual luxe neutral baths with large walk-ins. 4 other generous bedroom suites upstairs along with a large secondary open family room. 2 guest bedroom suites downstairs. As a wonderfully functional bonus space, a nearly 500 sq ft gym/studio/office/flex space with separate outdoor and garage entryways exists downstairs. Direct access 3-car garage with EV charger capability. Moments from studios, shopping, dining, entertainment, hiking trails, and all other Studio City amenities, this is the ultimate estate for those demanding grand scale, privacy, and security.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 98% |
| Baths | 10.0 | 3.0 | 99% |
| Square foot | 10,338 | 2,571 | 99% |
| Lot Size | 104,958 | 8,427 | 99% |
| Price | $15.90M | $2.33M | 99% |
| Price per sq ft | $1.5K | $951 | 98% |
| Built year | 2002 | 1956 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 162 | 1% |
Apr 16, 2026
$15,900,000
Initial Listing