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12607 Kling Street, Studio City, California 91604, Studio City, 91604 - bed, bath

12607 Kling Street, Studio City, California 91604 home-pic-0
ACTIVE$2,149,000
12607 Kling Street, Studio City, California 91604
0Bed
0Bath
3,000Sqft
13,000Lot
Year Built
1960
Close
-
List price
$2.15M
Original List price
$2.2M
Price/Sqft
$716
HOA
-
Days on market
-
Sold On
-
MLS number
SR24194969
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.15M(47th), sqft - 3000(61th), beds - undefined(2th), baths - undefined(2th).

Two homes on one 13,000 sq ft lot. Each home has their own front and rear yards and their own garages. Rear home, 12603 Kling St is 1 bedroom, 1 bath, kitchen, breakfast area, living room and sunroom, approx 1000 sqft. It was built in 1935 and moved to the rear location in 1960 and has a detached garage (possibly an ADU). It need some work but plenty of possibilities. Could add on and make larger. The front home 12607 Kling St, approximately 2019 sqft and was built in 1960 and updated in 2020 and has a new kitchen and 2 new baths, new AC, vinyl flooring and tile in the kitchen and baths. There is a bedroom and 3/4 bath downstairs no steps on first level and 2 bedrooms and large new bath upstairs. Direct access from garage into kitchen. Washer and dryer in the garage. This property is 3 blocks from Beeman Park. Assessors info adds the number of bedrooms and bathrooms together and is misleading.

Condition Rating
Excellent
The front home (12607 Kling St), which is the primary focus of the listing's description and images, was extensively updated in 2020. This includes a new kitchen with modern white shaker cabinets, stainless steel appliances, and subway tile backsplash, two new bathrooms with contemporary fixtures and finishes, new AC, and new vinyl plank and tile flooring throughout. These updates, completed within the last 5 years, mean the key components are virtually new and meet current quality standards, aligning with the 'Excellent' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13000, living area = 3000.
Dual Residences / Income Potential: The property features two distinct homes on a single 13,000 sq ft lot, offering significant flexibility for rental income, multi-generational living, or a dedicated workspace. Both homes have a history of being rented.
Large Lot Size: A substantial 13,000 sq ft lot provides ample outdoor space, privacy, and potential for further development, landscaping, or recreational amenities.
Recently Updated Main Home: The front home (12607 Kling St) underwent significant updates in 2020, including a new kitchen, two new bathrooms, new AC, and new flooring, reducing immediate renovation needs for the primary residence.
New AC in Main Home: The main home benefits from a new air conditioning system installed in 2020, providing modern comfort and efficiency, which is a valuable asset in Southern California.
Desirable Studio City Location: Located in the sought-after Studio City neighborhood, just three blocks from Beeman Park, offering convenient access to local amenities, recreation, and a vibrant community.

Cons

Condition of Rear Home: The rear home (12603 Kling St) 'needs some work,' indicating potential significant renovation costs and effort for a buyer to bring it to a comparable standard or maximize its potential.
Age of Structures: Both homes are older (built in 1960 and 1935), which may lead to underlying infrastructure issues or require additional maintenance and updates beyond the recent cosmetic renovations, particularly for the older rear unit.
Misleading Assessor Information: The assessor's information combines bedroom and bathroom counts for both units, which is noted as misleading and could potentially complicate financing, appraisal, or future resale if not clearly understood and addressed.

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