
Studio City, California 91604
This Versatile Luxury Hillside Residence is a High-Potential Investment Opportunity listed at $2,999,000—positioned well below the $3,128,820 Fair Market Value by 4%. This valuation provides $129,820 in Instant Equity for a property maintaining a Condition Rating of 2. Featuring panoramic canyon views and a custom designer kitchen, the unique Two-in-One floor plan offers a separate lower-level suite with a full kitchen and entrance. Located near Warner Avenue Elementary (9/10), it is ideal for Multi-generational Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3200 Wrightwood Drive Subject | $2,999,000* List Price | 4 | 4 | 3,995 | $751 | - |
A 3654 Wrightwood Dr Sold | $2,780,000 | 4 | 5 | 3,959 | $702 | 0.4 mi |
B 11268 Sunshine Terrace Sold | $2,600,000 | 5 | 5 | 4,109 | $633 | 0.6 mi |
C 3156 Dona Emilia Drive Sold | $2,650,000 | 5 | 3 | 3,040 | $872 | 0.3 mi |
D 11411 Dona Lola Drive Active | $2,495,000 List Price | 4 | 4 | 3,576 | $698 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive modern remodel that effectively brings the 1961 structure to current luxury standards. It features a custom designer kitchen, an open floor plan, and a high-end primary suite with French doors. The inclusion of a fully renovated lower-level 'second home' with its own kitchen and separate entrance indicates a comprehensive update of all major systems and interior finishes, leaving no deferred maintenance.
Elementary School: Warner Avenue Elementary School (9/10).
The unique 'Two in One' configuration features a fully equipped lower level with a separate entrance, kitchen, and two bedrooms, making it ideal for rental income, a professional studio, or multi-generational living.
Situated in a highly desirable area with breathtaking panoramic views of the city lights, canyons, and mountains, offering easy access to Beverly Hills, Hollywood, and major studios.
As a hillside property designed to maximize views, the lot may have limited flat, usable yard space, which could be a drawback for buyers seeking traditional lawn areas.
While local elementary schools are highly rated, the assigned charter high school is located nearly eight miles away, potentially posing a significant daily commute in Los Angeles traffic.
Stunning Home with Breathtaking Views! Two in One! Beautifully remodeled 3995sq. ft. home with main floor consisting of an open floor plan , custom kitchen, living room and luxurious primary suite with an additional bedroom- both with French doors leading to outdoor patios ! The lower level of this home features 2Br/2b with full kitchen, dining area, amazing views and separate entrance-great for extended family, in- home office /studio or rental . Wonderful location in the desirable Mulholland Corridor, close to Downtown, Beverly Hills, Hollywood, and Universal Studios. Come see what living the L.A. lifestyle is all about!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 52% |
| Square foot | 3,995 | 2,571 | 79% |
| Lot Size | 10,514 | 8,549 | 69% |
| Price | $3.00M | $2.33M | 66% |
| Price per sq ft | $751 | $948 | 22% |
| Built year | 1961 | 1956 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 162 | 16% |
Feb 3, 2026
$2,999,000
Initial Listing
Aug 2, 2013
$1,150,000
Public Record
Jun 13, 1996
$410,000
Public Record