
Studio City, California 91604
This Renovated Single-Family Residence is a Strong Value Opportunity, listed at $2,399,000—positioned well below the $2,565,240 Fair Market Value by 6%. This valuation gap offers $166,240 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Chef's Kitchen, Cinematic Canyon Views, and a New Composite Deck. Located in the prestigious Carpenter School District, this property balances luxury lifestyle with financial upside. It is an ideal acquisition for Owner-Occupants seeking a turnkey retreat or discerning investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12004 Briarvale Lane Subject | $2,399,000* List Price | 4 | 3 | 3,043 | $843 | - |
A 11541 Dona Teresa Drive Sold | $2,750,000 | 4 | 5 | 2,966 | $927 | 0.6 mi |
B 3631 Sunswept Drive Sold | $2,100,000 | 5 | 5 | 2,763 | $760 | 0.9 mi |
C 3661 Sunswept Drive Active | $1,699,999 List Price | 3 | 3 | 2,694 | $631 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the property has undergone a high-end modern renovation within the last 5 years. The chef's kitchen features contemporary grey cabinetry, quartz countertops, and newer stainless-steel appliances. Bathrooms are fully updated with designer wallpaper, modern vanities, and a luxurious primary soaking tub. The home includes new hardwood flooring, a new eco-friendly composite deck, and updated skylights, presenting in mint, move-in condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24226, living area = 3043.
Elementary School: Warner Avenue Elementary School (9/10).
As the lowest-priced entry into the exclusive Fryman Canyon neighborhood and the highly-rated Carpenter School District, this property offers exceptional value and investment potential.
Built in 1963, the home may require further modern updates to its systems and finishes to compete with the more contemporary luxury estates in the immediate area.
The long, elevated driveway and hilltop position, while providing privacy, may present logistical challenges for guest parking and daily accessibility.
Located in the highly coveted and exclusive Fryman Canyon area of Studio City, in a neighborhood of much more expensive homes, here is an opportunity to purchase the least expensive home currently on the market in Fryman Canyon and in the highly rated Carpenter School District. 4 bedrooms, 3 baths plus media room. For those that value privacy and seclusion, this one-story home is at the end of the street and up a long driveway situated on a knoll elevated far above the street. Designed for indoor-outdoor living, the layout flows effortlessly from inside to out-perfect for entertaining, dining under the stars or simply letting fresh air and natural light fill your day. It's secluded, but not remote-close enough to feel connected yet private enough to feel like your own retreat. The real showstopper? Wide, cinematic views over Fryman Canyon. Whether you are hosting friends for sunset drinks or enjoying a quiet morning coffee, the backdrop is pure California. Large formal skylit entry and hardwood flooring throughout most of the home, spacious entertaining living room with soaring ceilings, lots of skylights and a fireplace with an open concept to the dining room and a large chef's kitchen with newer stainless-steel appliances all with views to the backyard and canyon. There is also a sky-lit separate family room/media room, a beautiful private primary suite with walk-in closet and luxurious bathroom looking out to the gardens. Other features include a new eco-friendly composite deck leading to the beautifully private flat grassy yard with room for pool and separate tranquil outside entertaining areas with peaceful fountains and gardens. There is also a separate laundry room, a 2-car garage with direct access into the home and an additional carport. This home gives you that "I'm away from it all" feeling-without ever being far from what you love. Only a short distance to the Fryman Canyon hiking trails and just 1 mile to Ventura Blvd. with a multitude of cafe's, restaurants & shopping and the highly rated Carpenter Elementary. A very special offering.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,043 | 2,360 |
| Lot Size | 24,226 | 7,887 |
| Price | $2.40M | $2.12M |
| Price per sq ft | $788 | $877 |
| Built year | 1963 | 1953 |
| HOA | $0 | $0 |
| Days on market | 21 | 63 |
Jul 1, 2026
$2,399,000
Initial Listing
Jul 20, 2020
$1,950,000
Public Record