12452 Laurel Terrace Drive, Studio City, California 91604, Studio City, 91604 - 2 bed, 2 bath
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Studio City, California 91604
This property presents a Strong Value Opportunity with a List Price of $1,050,000—positioned well below the $1,116,575 Fair Market Value by 5%. This valuation gap offers $66,575 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a kitchen redesign, yet offers significant upside via its upslope lot and versatile bonus space. Located in the Silver Triangle within the Carpenter Elementary boundary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12452 Laurel Terrace Drive Subject | $1,050,000* List Price | 2 | 2 | 1,114 | $1,002 | - |
A 4333 Radford Avenue Sold | $1,350,000 | 2 | 1 | 1,419 | $951 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is well-maintained but dated. While the full bathroom has been updated, the kitchen is explicitly noted as needing a modern redesign and features older appliances. The presence of popcorn ceilings and the 60-year age of the structure, despite being move-in ready, necessitate updates to systems and finishes to meet modern standards.
Elementary School: Warner Avenue Elementary School (9/10).
Situated south of Ventura Boulevard in the highly coveted Silver Triangle, this property offers an unbeatable location with easy access to premium dining, shopping, and major commuter canyons.
The home is located within the boundaries of the award-winning Carpenter Community Charter Elementary, a major draw for families that significantly bolsters long-term property value.
At just 1,114 square feet with a 2-bedroom, 1.5-bath configuration, the current living space is relatively small for the price point and may require expansion to suit modern buyer needs.
The property requires a kitchen redesign and general updates, meaning buyers must budget for significant additional investment beyond the initial purchase price to modernize the home.
Nestled in Studio City’s coveted Silver Triangle neighborhood, south of Ventura Boulevard and within the boundaries of award-winning Carpenter Elementary, this charming 2-bedroom, 1.5-bath home offers a rare opportunity to create something special in one of the area's most sought-after communities. A welcoming entryway leads to a versatile bonus space—ideal for a home office, 3rd bedroom, studio, gym, or additional storage with convenient access to the laundry area and attached two-car garage. Upstairs, expansive floor-to-ceiling windows fill the living and dining areas with natural light while showcasing peaceful treetop and city-light views. The kitchen presents an exciting opportunity for a modern redesign, while two generously sized bedrooms share an updated full bath. A private outdoor patio provides a sunny, secluded retreat, and the upslope portion of the lot offers potential for expansion or the creation of a spectacular outdoor living space with panoramic hillside and city views. With neighboring homes of similar floor plans recently renovated and achieving strong resale values, the possibilities are truly inspiring. Ideally located moments from the popular shops, restaurants, and entertainment along Ventura Boulevard, with easy access to Laurel Canyon, Coldwater Canyon, and the 101 and 170 freeways, this property combines exceptional potential with an unbeatable Studio City location.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,114 | 2,360 |
| Lot Size | 6,002 | 7,887 |
| Price | $1.05M | $2.12M |
| Price per sq ft | $943 | $877 |
| Built year | 1965 | 1953 |
| HOA | $0 | $0 |
| Days on market | 6 | 63 |
Jul 16, 2026
$1,050,000
Initial Listing