12455 Milbank Street, Studio City, California 91604, Studio City, 91604 - 4 bed, 3 bath

12455 Milbank Street, Studio City, California 91604 home-pic-0

12455 Milbank Street

Studio City, California 91604

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,012Sq Ft
7,235Lot Size

Property Price

LIST PRICE$1,678,000
EST. MARKET VALUE
$1,821,325
7% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,821,325 +$143,325 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Studio City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
12455 Milbank Street
Subject
$1,678,000*
List Price
432,012$905-
A
12424 Sarah Street
Sold
$1,600,000231,661$9630.1 mi
B
4220 Bellaire Avenue
Sold
$1,888,000321,931$9780.5 mi
C
4313 Wilkinson Avenue
Sold
$1,850,000321,855$9970.3 mi
D
4050 Alcove Avenue
Sold
$1,683,000332,140$7860.8 mi
E
4110 Vanetta Place
Active
$1,595,000
List Price
331,964$8121.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 1954 property has undergone an extensive, high-end contemporary renovation within the last year, effectively making it a turnkey, like-new residence. The listing features a brand-new kitchen with modern appliances, designer-updated bathrooms, and new flooring throughout. All interior components meet current quality standards with no visible deferred maintenance, qualifying it for the highest condition rating despite its original build date.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Turnkey Modern Remodel

    The residence features a comprehensive contemporary update, including a brand-new kitchen, designer bathrooms, and new flooring throughout, offering a move-in-ready experience for discerning buyers.

  • Significant Value-Add Potential

    The property includes RTI (Ready to Issue) plans for both a garage-conversion ADU and an additional two-story structure with a private entrance, providing exceptional opportunities for rental income or multi-generational living.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-09-19. The sold price is $1,350,000.00.

  • Lack of Scenic Views

    The property does not offer any significant views, which may be a drawback for buyers specifically seeking the hillside or canyon vistas common in premium Studio City real estate.

  • Potential Traffic Noise

    While located on a quiet street, the rear of the property borders Whitsett Avenue, a major thoroughfare, which may introduce higher ambient noise levels in the backyard and secondary structures.

About 12455 Milbank Street

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1954
Lot Size
7,235 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Studio City Unified Schools

Rio Vista Elementary School

Grades K-5 • 2.2 mi

7/10

Toluca Lake Elementary School

Grades K-5 • 2.5 mi

7/10

Wonderland Avenue Elementary School

Grades K-5 • 3.1 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,0122,465.5
35%
Lot Size7,2357,672
47%
Price$1.68M$2.20M
24%
Price per sq ft$834$957
33%
Built year19541954
50%
HOA$0$0
50%
Days on market15169
1%

Pricing History

Listed for Sale

Feb 19, 2026

$1,678,000

Initial Listing

Sold

Sep 19, 2025

$1,350,000

Public Record

Sold

Oct 18, 1995

$220,000

Public Record

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