
Studio City, California 91604
This Classic California Traditional is a Prime Investment Opportunity listed at $1,895,000—positioned well below the $1,988,826 Fair Market Value by 4%. This valuation gap provides $93,826 in Instant Equity. Boasting an Excellent Condition Rating, the home features a renovated kitchen, massive swimmer's pool, and immediate access to Beeman Park. Zoned for the top-rated Warner Avenue Elementary School (9/10), this turnkey residence balances financial upside with a premium lifestyle. It is ideal for Owner-Occupants or Lifestyle-Seeking Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12609 Milbank Street Subject | $1,895,000* List Price | 3 | 3 | 1,983 | $1,019 | - |
A 4257 Shadyglade Avenue Sold | $2,340,000 | 3 | 3 | 2,068 | $1,132 | 0.5 mi |
B 12700 Hortense Street Sold | $2,100,000 | 3 | 3 | 2,000 | $1,050 | 0.1 mi |
C 4313 Rhodes Sold | $1,800,000 | 4 | 2 | 1,878 | $958 | 0.4 mi |
D 4467 Babcock Avenue Pending | $1,799,000 List Price | 3 | 3 | 2,086 | $862 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been newly updated with a modern kitchen featuring new countertops and appliances, a renovated bathroom, and fresh interior paint. Despite the 1952 build date, the recent high-end renovations (likely within the last 1-3 years) and move-in ready condition, including a reimagined pool deck and updated fireplace, place it in the excellent category.
Elementary School: Warner Avenue Elementary School (9/10).
Situated directly across from Beeman Park in a highly coveted Studio City pocket, offering immediate access to recreational green space and a vibrant community atmosphere.
The home is move-in ready with high-end renovations including a reimagined pool deck, updated bathrooms, new appliances, and fresh countertops while maintaining original hardwood charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1983, other record living area = 1885.
Built in 1952, the property may possess aging underlying systems that require more maintenance than a contemporary build, despite recent cosmetic and functional upgrades.
The property does not offer the hillside or city light views frequently desired in the Studio City market, which may impact its competitive edge for view-oriented buyers.
A rare offering in one of Studio City's most desirable pockets, 12609 Milbank captures the essence of classic California living at its best. This charming traditional is a true lifestyle property with a classic, active family feel, delivering the energy and connection people move here for. Framed by towering palms with timeless curb appeal, the home sits on a quiet, dog friendly street where the sense of community is immediate. This move in ready 3 bedroom 3 bath home plus den offers approximately 2000 square feet of comfortable living with a well designed layout that blends character and function. Inside, it is fresh, elevated, and effortlessly livable, newly updated with a clean modern touch including a renovated bath, new countertops, fireplace, appliances, washer and dryer, and a reimagined pool deck, while original hardwood floors run throughout bringing warmth and authenticity that never go out of style. The primary suite is a true retreat with high ceilings and a proper walk in closet, offering both scale and comfort. Out back, the showstopper is a massive swimmer's pool built for long days in the sun, entertaining, and that quintessential California indoor outdoor flow. Positioned in a prime pocket surrounded by top tier schools, this is a rare blend of privacy and community, and when you step out you are minutes from everything including restaurants and shops, with easy freeway access that keeps the entire city within reach. This is not just a home, it is the Studio City lifestyle dialed in.
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 2.7 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 1,983 | 2,595.5 | 23% |
| Lot Size | 7,202 | 8,830 | 34% |
| Price | $1.90M | $2.11M | 32% |
| Price per sq ft | $956 | $909 | 59% |
| Built year | 1952 | 1955 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 147 | 7% |
Apr 23, 2026
$1,895,000
Initial Listing
Feb 27, 2024
$1,745,000
Public Record
Mar 12, 2007
$898,500
Public Record