
Studio City, California 91604
This Italian-inspired Penthouse represents a Strong Value Opportunity, listed at $999,000—positioned well above the $847,187 Fair Market Value. While the price reflects a premium for its Prime Silver Triangle Location, the property offers a Fair Condition Rating with original 2002 finishes. Residents enjoy soaring cathedral ceilings, unobstructed greenery views, and proximity to top-rated Carpenter Community Charter School. This residence provides a sophisticated lifestyle for discerning professionals or owner-occupants seeking a private, high-end sanctuary in the heart of Studio City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12067 Guerin Street 305 Subject | $977,000* List Price | 2 | 3 | 1,279 | $657 | - |
A 12021 Guerin Street 102 Sold | $1,007,000 | 3 | 3 | 1,580 | $637 | 0.1 mi |
B 11738 Moorpark Street E Sold | $725,000 | 2 | 3 | 1,278 | $567 | 0.3 mi |
C 12060 Hoffman Street 103 Sold | $790,000 | 2 | 2 | 1,292 | $611 | 0.1 mi |
D 12026 Hoffman Street 104 Sold | $910,000 | 3 | 3 | 1,480 | $615 | 0.1 mi |
E 12504 Woodbridge Street 203 Sold | $1,060,000 | 2 | 3 | 1,650 | $642 | 0.7 mi |
F 12407 Moorpark Street 104 Active | $799,000 List Price | 2 | 3 | 1,430 | $559 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old and appears to retain most of its original finishes. While well-maintained and move-in ready, the heavy use of tumbled stone/travertine tile on walls and floors, along with the original cabinetry, is considered dated by modern standards. Per the criteria, properties over 20 years old with original features are rated as Fair.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Silver Triangle neighborhood, this property offers exceptional walkability to Ventura Boulevard’s premier dining, Erewhon, Equinox, and the local farmers market.
As a top-floor penthouse, the unit boasts soaring cathedral ceilings and unobstructed greenery views from two private balconies, providing a sense of volume and privacy rarely found in condo living.
The $665 monthly association fee is relatively steep for a two-bedroom unit of this size, which may deter budget-conscious buyers or impact financing qualifications.
At nearly $781 per square foot, the listing is positioned at the higher end of the market for a 2002-built structure, potentially limiting the pool of investors looking for immediate equity.
Welcome to Tuscany! This one-of-a-kind Italian-inspired Penthouse. Prime Studio City, Silver Triangle location just steps from Ventura Blvd. Enjoy the weekly farmers market, nearby parks, Equinox, Erewhon and top-rated Carpenter School. Built in 2002. Offers 2 bedrooms and 2.5 baths, all on a single level with soaring cathedral ceilings. Enjoy breathtaking, unobstructed greenery views from every angle, complete with two private big balconies. This residence offers unmatched privacy. The entertainer’s kitchen features stainless steel appliances and granite countertops, perfect for hosting. Additional highlights include in the unit laundry, a gated two-car garage.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,279 | 1,299.875 |
| Lot Size | 13,967 | 21,303.25 |
| Price | $977.0K | $768.5K |
| Price per sq ft | $764 | $575 |
| Built year | 2002 | 1991 |
| HOA | $665.0 | $649 |
| Days on market | 75 | 72 |
Aug 12, 2026
$977,000
$999,000
-2% Price Drop
Initial Listing
Jun 26, 2026
$999,000
Initial Listing
Dec 30, 2021
$850,000
Public Record
Jun 22, 2015
$628,000
Public Record
Nov 25, 2002
$425,000
Public Record