12449 Kling Street Ph2, Studio City, California 91604, Studio City, 91604 - 3 bed, 2 bath
12449 Kling Street Ph2
Studio City, California 91604
Property Price
SUMMARY
Analysis of 12449 Kling Street Ph2, Studio City, California 91604 is currently available with a list price of $899,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with high-end Viking stainless steel appliances, well-maintained dark wood flooring, and recessed lighting. While the kitchen cabinetry and tile flooring reflect the original 2007 style rather than a recent modern renovation, the overall condition is excellent for its age with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Exclusive Penthouse Living
As one of only two penthouses in a boutique 8-unit building, this corner unit offers rare privacy, 12-foot cathedral ceilings, and an expansive 1,880-square-foot open-concept layout.
- Exceptional Scenic Views
The property features tranquil mountain views from nearly every room and includes access to a common rooftop deck with panoramic vistas, providing a premium atmosphere.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
At $696 per month, the association fees are relatively high for a smaller 8-unit building, which may impact the overall monthly carrying costs for budget-conscious buyers.
- Market Stagnation
The history of multiple price adjustments since the initial listing suggests the property has faced challenges in securing a buyer, which can sometimes create a negative market perception.
- School Proximity
While the district has high-rated schools, the top-tier elementary options are located over four miles away, which may be less convenient for families with young children.
About 12449 Kling Street Ph2
Motivated Seller! BRING YOUR BUYERS! Penthouse condo in prime Studio City. Overlooking tranquil mountain views from almost every room, this amazing 1880 sq foot three-bedroom two bath corner penthouse unit leaves nothing to be desired. This is one of two penthouses in this lovely 8-unit building. Light and bright interior boasts open concept living with high ceilings, handsome dark wood flooring and recessed lighting. Entry leads to spacious sectional sized living room with fireplace and balcony with mountain views. Breakfast counter between living room and kitchen offers the perfect spot to enjoy that morning cup of coffee. Large dining area adjacent to living room features 12-foot cathedral ceiling with more mountain views from window. Additional room off living room is great for family room, office or game room to complete your ideal living space. Happy cooking in this spacious gourmet kitchen with an abundance of beautiful wood cabinets, stainless double sink, ebony counters, and stainless appliances including refrigerator, and Viking stove, hood and dishwasher. Expansive primary suite with mountain view, large walk-in closet, luxurious soaking tub, dual sinks and separate glass enclosed shower is privately located on one side of unit. On opposite side there is a full bath and two more bedrooms. Enjoy “Sunset Sips” on Juliet balcony in one of the two additional bedrooms and mountain views from bedroom three. Stacking washer and dryer in unit. Controlled access to building, elevator, and secure gated parking with 2 side by side assigned spaces. Guest parking available. All of this plus common rooftop area with panoramic views. Convenient to freeways, restaurants and shops on Ventura Blvd. A real Studio City Gem!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 8,673 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $696.0 / Month
Neighborhood Insights
Studio City Unified Schools
Rio Vista Elementary School
Grades K-5 • 2.2 mi
Toluca Lake Elementary School
Grades K-5 • 2.5 mi
Wonderland Avenue Elementary School
Grades K-5 • 3.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 65% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,880 | 1,440 | 92% |
| Lot Size | 8,673 | 16,088 | 16% |
| Price | $899.0K | $800.0K | 65% |
| Price per sq ft | $478 | $599 | 3% |
| Built year | 2007 | 1991 | 73% |
| HOA | $696.0 | $645 | 65% |
| Days on market | 399 | 185 | 97% |
Pricing History
Listed for Sale
Feb 10, 2026
$899,000
$929,000
-3% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$929,000
$949,000
-2% Price Drop
Initial Listing
Price Change
Nov 20, 2025
$949,000
$969,000
-2% Price Drop
Initial Listing
Price Change
Oct 17, 2025
$969,000
$986,000
-2% Price Drop
Initial Listing
Price Change
Aug 7, 2025
$986,000
Initial Listing
Price Change
Jan 31, 2025
$1,125,000
Initial Listing