12452 Laurel Terrace, Studio City, California 91604, Studio City, 91604 - 2 bed, 2 bath

12452 Laurel Terrace, Studio City, California 91604 home-pic-0
ACTIVE$975,000
12452 Laurel Terrace, Studio City, California 91604
2Beds
2Baths
1,114Sqft
6,002Lot

Price Vs. Estimate

The estimated value ($918,245.06) is $56,754.94 (5%) lower than the list price ($975,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Top Cons:
Outdated Kitchen: The kitchen requires a complete modern redesign and renovation, representing a significant upfront investment for prospective buyers.

Compared to the nearby listings

Price:$975.0K vs avg $2.20M ($-1,225,000)2%
Size:1,114 sqft vs avg 2,413 sqft4%
Price/sqft:$875 vs avg $95541%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property is significantly outdated and requires substantial modernization throughout. The kitchen, as explicitly stated in the description and evident in the images, needs a 'complete modern redesign' with very basic, old cabinets, worn countertops, and mixed-age appliances. The bathrooms are also very dated; while one was 'updated,' the style of the update (mosaic tiles, basic vanity) appears 15-20 years old and is not contemporary. Other areas feature old carpeting, dated tile, popcorn ceilings, and older light fixtures. While the property appears structurally sound and livable, the extent of renovation needed for major components like the kitchen and bathrooms, along with general aesthetic updates, goes beyond minor repairs, classifying it as 'poor' condition ripe for rehabilitation.
Year Built
1965
Close
-
List price
$975K
Original List price
$999K
Price/Sqft
$875
HOA
-
Days on market
-
Sold On
-
MLS number
SR25236218
Home ConditionPoor
Features
Good View: City Lights, Hills, Neighborhood, Trees/Woods
Patio
ViewCity Lights,Hills,Neighborhood,Trees/Woods

About this home

Located in Studio City’s highly sought-after Silver Triangle neighborhood south of Ventura Blvd and within the boundary of highly rated schools, including the award-winning Carpenter Elementary, this 2-bedroom, 1.5-bath home with a flexible bonus space presents an incredible opportunity to reimagine a property in one of the area’s most desirable enclaves. Enter the quaint foyer with staircase leading to the main living area, as well as access to a spacious bonus room and closet space—ideal for use as a home office, studio, gym, guest room, or simply additional storage. Just off the bonus space is a separate laundry area and with adjacent access to the 2-car attached garage. Upstairs, the main living and dining area showcases floor-to-ceiling dual-pane windows that fill the space with natural light while framing peaceful treetop, neighborhood, and city light views. A conveniently located powder bath serves this level, while the kitchen offers endless potential for a creative reimagining and modern redesign. On the upper level are two good-sized bedrooms that share an updated full hall bathroom. At the top of the staircase—just before the bedrooms—is a door leading directly to the rear outdoor space featuring sleek tile flooring and an abundance of sunlight while offering privacy with surrounding walls and high fencing. Beyond the rear block retaining wall, the lot continues further upslope, providing the potential opportunity to expand the home or create a multi-level outdoor retreat complete with a viewing deck to capture the sweeping mountain, hillside, and city light vistas. With nearby homes of similar floorplans recently renovated and commanding strong resale values, this property offers tremendous upside potential. Perfectly positioned near a wide range of popular dining, shopping, and entertainment destinations along trendy Ventura Blvd—including Pinz Bowling, Rocco’s Tavern, Granville, Sweet Lady Jane, Art’s Deli, and Salt & Straw—plus convenient proximity to Ralph’s, Erewhon, and other everyday essentials, like The UPS Store. Easy access to major thoroughfares such as Laurel Canyon, Coldwater Canyon, and the 101 and 170 freeways ensures a seamless connection to the Westside and beyond.

Nearby schools

7/10
Rio Vista Elementary School
Public,K-52.2mi
9/10
Wonderland Avenue Elementary School
Public,K-52.4mi
7/10
Toluca Lake Elementary School
Public,K-52.7mi
8/10
Valley View Elementary School
Public,K-63.7mi
9/10
West Hollywood Elementary School
Public,K-53.8mi
9/10
Warner Avenue Elementary School
Public,K-55.2mi
6/10
Walter Reed Middle School
Public,6-81.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-85.4mi
6/10
Arroyo Seco Museum Science
Public,K-811.9mi
8/10
North Hollywood Senior High School
Public,9-121.9mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.5mi
3/10
East Valley Senior High School
Public,9-122.8mi
7/10
Fairfax Senior High School
Public,9-124.8mi
6/10
Hollywood Senior High School
Public,9-124.8mi
6/10
University Senior High School
Public,9-127.4mi
6/10
University Senior High School Charter
Public,9-127.4mi
Condition Rating
Poor

Built in 1965, this property is significantly outdated and requires substantial modernization throughout. The kitchen, as explicitly stated in the description and evident in the images, needs a 'complete modern redesign' with very basic, old cabinets, worn countertops, and mixed-age appliances. The bathrooms are also very dated; while one was 'updated,' the style of the update (mosaic tiles, basic vanity) appears 15-20 years old and is not contemporary. Other areas feature old carpeting, dated tile, popcorn ceilings, and older light fixtures. While the property appears structurally sound and livable, the extent of renovation needed for major components like the kitchen and bathrooms, along with general aesthetic updates, goes beyond minor repairs, classifying it as 'poor' condition ripe for rehabilitation.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Location: Located in Studio City's highly sought-after Silver Triangle, south of Ventura Blvd, offering excellent proximity to trendy dining, shopping, entertainment, and major freeways for seamless connectivity.
Strong Upside Potential: Presents an incredible opportunity to reimagine and expand, with nearby renovated homes commanding strong resale values, indicating significant investment upside.
Award-Winning School District: Situated within the boundary of highly rated schools, including the award-winning Carpenter Elementary, a major draw for families.
Flexible Bonus Space: Includes a versatile bonus room ideal for a home office, studio, gym, or guest room, adding significant functional value and adaptability.
Natural Light & Views: Features floor-to-ceiling dual-pane windows that flood the main living area with natural light and frame peaceful treetop, neighborhood, and city light views, with potential for sweeping mountain vistas.

Cons

Outdated Kitchen: The kitchen requires a complete modern redesign and renovation, representing a significant upfront investment for prospective buyers.
Limited Current Configuration: With 2 bedrooms and 1.5 baths, the current layout may be restrictive for some buyers, potentially necessitating expansion to meet modern family needs.
Renovation Required: Built in 1965, the property requires substantial modernization and reimagining throughout to unlock its full potential and compete with updated homes in the area.

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