12455 Milbank Street, Studio City, California 91604, Studio City, 91604 - 4 bed, 3 bath
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Studio City, California 91604
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,649,000—positioned well below the $1,757,674 Fair Market Value by 6%. This valuation gap offers $108,674 in Instant Equity. Featuring a Mint Condition Rating with a modern kitchen and new deck, the property includes RTI plans for an ADU and a two-story structure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, income-generating asset in a prime Studio City location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12455 Milbank Street Subject | $1,649,000* List Price | 4 | 3 | 2,012 | $874 | - |
A 12700 Hortense Street Sold | $2,100,000 | 3 | 3 | 2,000 | $1,050 | 0.3 mi |
B 12509 Rye Street Active Under Contract | $1,895,000 List Price | 4 | 4 | 2,360 | $803 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1954 home has undergone a complete modern remodel within the last 5 years, featuring a brand-new kitchen with stainless appliances, updated bathrooms, and new flooring throughout. The property is in mint, turnkey condition with a contemporary aesthetic, meeting the criteria for a recent high-end renovation.
Elementary School: Warner Avenue Elementary School (9/10).
The residence features a comprehensive high-end renovation including a brand-new kitchen, updated bathrooms, and new flooring, offering a contemporary aesthetic and immediate move-in readiness.
The property includes RTI plans for both a garage conversion ADU and an additional two-story structure with a private entrance, providing significant income-generating or multi-generational living opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-09-19. The sold price is $1,350,000.00.
Unlike many premium properties in the Studio City area, this home offers no specific views, which may impact its appeal to buyers seeking hillside or city light vistas.
Located on a quiet street in the heart of Studio City, this newly remodeled 4-bedroom, 3-bathroom home offers modern comfort in an unbeatable location just moments from Ventura Boulevard. The residence showcases a brand-new kitchen, beautifully updated bathrooms, and new flooring throughout, creating a fresh, contemporary aesthetic. A bright, open floor plan with generous living spaces and abundant natural light makes the home ideal for both everyday living and entertaining. Well-proportioned bedrooms and a functional layout provide flexibility for families, guests, or home office needs. For investors or future expansion, the property includes RTI plans for a garage conversion ADU as well as an additional two-story structure in the backyard with a private entrance from Whitsett Avenue--offering exceptional income or multi-generational potential. Enjoy close proximity to top dining, shopping, and entertainment, along with easy access to major studios, the 101 and 134 freeways, and nearby parks and hiking trails--all while savoring the charm and tranquility of a residential neighborhood. A rare opportunity to own a turnkey home in one of Studio City's most desirable locations.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.5 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,012 | 2,595.5 | 26% |
| Lot Size | 7,235 | 8,830 | 35% |
| Price | $1.65M | $2.11M | 17% |
| Price per sq ft | $820 | $902 | 39% |
| Built year | 1954 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 146 | 13% |
Apr 14, 2026
$1,649,000
Initial Listing
Sep 19, 2025
$1,350,000
Public Record
Oct 18, 1995
$220,000
Public Record