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12752 Halkirk Street, Studio City, California 91604, Studio City, 91604 - 2 bed, 2 bath

12752 Halkirk Street, Studio City, California 91604 home-pic-0
ACTIVE UNDER CONTRACT$2,000,000
12752 Halkirk Street, Studio City, California 91604
2Beds
2Baths
1,680Sqft
7,503Lot

Price Vs. Estimate

The estimated value ($1,853,751.205) is $146,248.795 (7%) lower than the list price ($2,000,000). This property may be overpriced.

Key pros and cons

Top 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 = 7503, living area = 1680.
Top Cons:
Tear-Down Property: The existing 1940 structure is explicitly designated as a 'tear-down,' meaning the buyer is primarily acquiring land and plans, incurring immediate demolition costs.

Compared to the nearby listings

Price:$2.00M vs avg $2.20M ($-200,000)43%
Size:1,680 sqft vs avg 2,413 sqft22%
Price/sqft:$1.2K vs avg $95688%

More Insights

Built in 1940 (85 years old).
Condition: The MLS description explicitly states this is a 'tear-down property' with approved plans for a new 5,000+ sq ft residence. The property was built in 1940, making it over 80 years old. While one interior photo shows a dated living room, the overall intent of the listing is for the land and redevelopment, not the existing structure. The lack of kitchen and bathroom photos, combined with the 'tear-down' designation, indicates the current structure is considered beyond repair or not worth renovating, aligning perfectly with the 'tear-down' criteria.
Year Built
1940
Close
-
List price
$2M
Original List price
$2.2M
Price/Sqft
$1,190
HOA
-
Days on market
-
Sold On
-
MLS number
25621575
Home ConditionTear down
Features
Patio
View

About this home

An exceptional development opportunity in one of Studio City's most coveted pockets. Situated on a flat lot just moments from the best of Ventura Blvd, this tear-down property comes with approved plans to build a stunning 5,000+ sq ft, three-story modern residence complete with a full-size basement, pool & spa, and a beautifully designed pool housethe ultimate luxury compound.Create your ideal lifestyle with a custom open-concept kitchen, where the future homeowner gets to select their own high-end appliance package and finishes. The thoughtful floor plan offers expansive living spaces, seamless indoor-outdoor flow, and room for work, play, and relaxation. The location is unmatched walk to the new Shops at Sportsman's Lodge, top-tier dining and boutiques on Ventura Blvd, and enjoy effortless access to Harvard-Westlake, the Studio Corridor's major employers (Disney, NBC/Universal, Warner Bros., Technicolor, PBS), and just minutes to Beverly Hills. Whether you're a builder, investor, or end user looking to create a bespoke home from the ground up, 12752 Halkirk presents rare potential in one of Los Angeles' most desirable neighborhoods. Design. Build. Live your vision.

Nearby schools

7/10
Rio Vista Elementary School
Public,•K-5•2.6mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.6mi
7/10
Toluca Lake Elementary School
Public,•K-5•3.1mi
9/10
West Hollywood Elementary School
Public,•K-5•3.9mi
8/10
Valley View Elementary School
Public,•K-6•4.0mi
9/10
Warner Avenue Elementary School
Public,•K-5•5.1mi
6/10
Walter Reed Middle School
Public,•6-8•1.7mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•5.7mi
6/10
Arroyo Seco Museum Science
Public,•K-8•12.2mi
8/10
North Hollywood Senior High School
Public,•9-12•2.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.5mi
3/10
East Valley Senior High School
Public,•9-12•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•4.9mi
6/10
Hollywood Senior High School
Public,•9-12•5.1mi
6/10
University Senior High School
Public,•9-12•7.2mi
6/10
University Senior High School Charter
Public,•9-12•7.2mi

Price History

Date
Event
Price
08/07/20
Sold
$1,255,000
Condition Rating
Tear down
The MLS description explicitly states this is a 'tear-down property' with approved plans for a new 5,000+ sq ft residence. The property was built in 1940, making it over 80 years old. While one interior photo shows a dated living room, the overall intent of the listing is for the land and redevelopment, not the existing structure. The lack of kitchen and bathroom photos, combined with the 'tear-down' designation, indicates the current structure is considered beyond repair or not worth renovating, aligning perfectly with the 'tear-down' 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 = 7503, living area = 1680.
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Studio City Location: Situated in one of Studio City's most coveted pockets, offering unmatched proximity to Ventura Blvd's top-tier dining, boutiques, the new Shops at Sportsman's Lodge, major Studio Corridor employers, and minutes to Beverly Hills.
Approved Development Plans: Comes with pre-approved plans for a stunning 5,000+ sq ft, three-story modern residence, including a full-size basement, pool, spa, and pool house, significantly de-risking and accelerating the development process.
Exceptional Development Opportunity: Presents a rare chance for builders, investors, or end-users to create a bespoke luxury compound from the ground up in a highly desirable Los Angeles neighborhood.
Flat, Buildable Lot: The property is situated on a flat lot, which simplifies construction logistics and can potentially reduce building costs compared to sloped terrains.
Access to Top-Tier Amenities & Schools: The location boasts walkability to lifestyle amenities and provides effortless access to prestigious institutions like Harvard-Westlake and highly-rated public schools.

Cons

Tear-Down Property: The existing 1940 structure is explicitly designated as a 'tear-down,' meaning the buyer is primarily acquiring land and plans, incurring immediate demolition costs.
Significant Additional Investment Required: Beyond the substantial purchase price, a considerable capital outlay will be necessary for the construction of the 5,000+ sq ft luxury residence, pool, and associated features.
Extended Project Timeline: Even with approved plans, building a custom luxury home of this scale is a multi-year endeavor, requiring significant time, oversight, and sustained financial commitment from the buyer.

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