12621 Milbank Street, Studio City, California 91604, Studio City, 91604 - 3 bed, 2 bath
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Studio City, California 91604
This Stunning Mid-Century California Ranch is a Strong Value Opportunity, listed at $1,749,000—positioned well below the $1,880,967 Fair Market Value by 7%. This valuation gap offers $131,967 in Instant Equity. Featuring a modernized kitchen, sparkling pool, and bonus flex space, the property maintains an Excellent Condition Rating. Located in the coveted Beeman Park neighborhood near top-rated schools like Warner Avenue Elementary, this home is an ideal acquisition for Owner-Occupants or discerning families seeking a turnkey, lifestyle-focused residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12621 Milbank Street Subject | $1,749,000* List Price | 3 | 2 | 2,350 | $800 | - |
A 4313 Rhodes Sold | $1,800,000 | 4 | 2 | 1,878 | $958 | 0.4 mi |
B 4219 Shadyglade Avenue Sold | $1,900,000 | 3 | 3 | 2,571 | $739 | 0.5 mi |
C 4050 Alcove Avenue Sold | $1,683,000 | 3 | 3 | 2,140 | $786 | 0.7 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.
While originally built in 1952, the home has undergone a high-end renovation within the last 5 years. The kitchen is fully modernized with white shaker cabinetry, quartz-style counters, and stainless appliances; bathrooms feature contemporary frameless glass showers and updated vanities. Systems have been upgraded to include solar panels and mini-split HVAC in the bonus space, placing it in mint, move-in condition.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Beeman Park neighborhood, this property offers exceptional lifestyle appeal with its proximity to major film studios, the new Sportsmen's Lodge shops, and the vibrant dining district along Ventura Boulevard.
The private 7,202 sq. ft. lot features a comprehensive backyard retreat complete with a sparkling pool, firepit, and covered patio, perfectly capturing the quintessential Southern California indoor-outdoor living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2350, other record living area = 1916. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1952, the property may possess aging core systems such as plumbing or electrical that, while functional, may not meet the efficiency standards of newer constructions in this price bracket.
While the local elementary schools are highly rated, the assigned middle and high schools carry lower ratings (6/10), which may be a deterrent for families prioritizing long-term educational consistency.
Presenting an inspired Mid-Century California Ranch in Studio City's acclaimed Beeman Park. Crowning a private, verdant, 7,202 sq.ft lot the home resides in divine harmony with its natural environment of mature trees and abundant greenery. Hip, relaxed, refined the property is the epitome of the sublime urban oasis. The exterior presentation is picture perfect offering wonderful curb appeal and bidding a warm welcome. In true Mid-Century style, the free flowing layout of living spaces has minimal separation, perfect for easy contemporary living and entertaining. The freshly painted interior palette is light and bright. Wood floors grace the living areas. The modernized kitchen is artfully adorned with an array of stainless steel appliances and sleek tile backsplash. The dining room lends itself ideally to friend and family gatherings. Glass sliding doors of the family room and primary bedroom bring the outdoors in and give way to an idyllic, private backyard retreat that embodies the coveted Southern California lifestyle of endless al fresco leisure and limitless outdoor entertaining. Replete with covered patio, brick dining and lounging areas, sparkling pool, and firepit it becomes the ideal venue for warm, relaxed poolside lounging by day; cool, lavish gatherings by night. Highlights include a fantastic direct access multi-use bonus flex space offering a myriad of opportunities! Three bedrooms with two baths round out the comfortable accommodations for family and guests. Located on an idyllic, picturesque tree lined street across from beloved Beeman Park with proximity to major film and TV studios, and moments from the Studio City Rec Center and library, the fantastic shops at the Sportsman Lodge, and the chic shopping and dining district along famed Ventura Blvd. The home presents a wonderful opportunity to enjoy comfortable, connected living in one of the Valley's most desirable neighborhoods. Welcome!
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-5 • 2.7 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 4.0 | 16% |
| Square foot | 2,350 | 2,571 | 40% |
| Lot Size | 7,202 | 8,866 | 34% |
| Price | $1.75M | $2.22M | 23% |
| Price per sq ft | $744 | $885 | 27% |
| Built year | 1952 | 1956 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 145 | 1% |
May 20, 2026
$1,749,000
Initial Listing
Sep 1, 2017
$1,075,000
Public Record
Dec 5, 2001
$500,000
Public Record
Sep 16, 1998
$382,000
Public Record