3216 Fryman Road, Studio City, California 91604, Studio City, 91604 - 5 bed, 4 bath

3216 Fryman Road, Studio City, California 91604 home-pic-0

3216 Fryman Road

Studio City, California 91604

ACTIVE
CONDITION: FAIR
5Beds
4Baths
5,692Sq Ft
24,954Lot Size

Property Price

LIST PRICE$3,999,999
EST. MARKET VALUE
$3,811,444
4% AboveMARKET VALUE

SUMMARY

Analysis of 3216 Fryman Road, Studio City, California 91604 reveals a property with a current list price of $3,999,999, which is 4% above the estimated $3,811,444 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Studio City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,811,444
Based on Realkey algorithm analyzing recent comparable sales in Studio City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3216 Fryman Road
Subject
$3,999,999*
List Price
545,692$670-
A
3016 Dona Susana Drive
Active
$4,000,000
List Price
566,745$5931.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1966, this property is a classic Colonial that has been maintained but is clearly dated by modern standards. The listing description explicitly positions the home as a renovation opportunity, stating it is 'ready for state-of-the-art design finishes' and 'ready to re-invent.' While the kitchen was enlarged in the past, the call for new finishes and the age of the home suggest that the kitchen, bathrooms, and major systems are functional but show significant signs of being outdated, requiring cosmetic and likely mechanical updates to meet current luxury standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 24954, living area = 5692.

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Prime Fryman Canyon Location

    Situated in one of Los Angeles' most exclusive neighborhoods within the acclaimed Carpenter school district, offering unparalleled proximity to major studios, the Sunset Strip, and Ventura Boulevard.

CONSRISKS & DEFICIENCIES

  • Significant Renovation Required

    The property is positioned as a 'generational opportunity' ready for new finishes, indicating that a substantial additional investment is needed to modernize the interior to contemporary luxury standards.

  • Dated Infrastructure

    Built in 1966, the home likely requires updates to its core mechanical, electrical, and plumbing systems to ensure long-term efficiency and compatibility with modern smart-home technology.

About 3216 Fryman Road

A generational opportunity to live in exclusive Fryman Canyon, one of the best locations in Los Angeles. This prime location in the acclaimed Carpenter school district is close to all of Hollywood's studios, a quick drive up Laurel into Hollywood and the Sunset Strip, while also enjoying easy access to Burbank and Van Nuys airport. The trendy shopping and restaurants of Ventura Blvd are close by, as is downtown's vibrant nightlife and theater/sports venues. The front curb appeal of this classic Colonial grabs you instantly. Those stately Georgian columns announce a statement of timeless beauty firmly rooted in tradition, but ready for the boundless excitement of the future. The moment you pass that enticing front brick porch into the foyer, you sense the intuitive floor plan. Everything is located where you want it to be. The gorgeous living room, anchored by the real wood burning fireplace, illuminated with a full wall of western facing windows for maximum natural light is a great room to re-invent. Across the front entry is the gracious formal dining room, also enjoying a wall of windows. This is where families celebrate life's milestone moments. We love the spacious "great Family Room" just off the kitchen. You can make this more of the modern open floor plan by opening a wall into kitchen for a peninsula bar top seating, or maintain the purposeful separation of the traditional floorpan. Either way, both family room and kitchen have separate French doors leading out to the back patio to further enhance the space and usability. The kitchen has been remodeled and enlarged over the years, and is now ready for state-of-the-art design finishes. The walk-in pantry, the breakfast nook and the additional storage area with a wine closet are all in the right places. The huge bonus or pool room off to the side has tremendous optionality. We envision a movie theater, an incredible home gym, or it could even be a main-level suite for grandparents. The main level home office is perfectly placed off the 3-car garage, and enjoys nice natural light. What a great work-from-home option. Up the staircase lays out second floor laundry, and three en suite bedrooms. They don't build homes like this anymore - your kids will love how big their rooms are! The primary suite, adjacent to those secondary rooms so that parents can be near kids, has ample space and lots of windows. The size and placement of the amenities all work - it's now time to enjoy the fun of selecting your specific stylish finishes. The outdoor area definitely accommodates al fresco dining and entertaining. Then, up some gentle stairs is where the magic happens - this huge, flat, park-like lot opens up and gets your imagination running on overdrive. What an enticing opportunity to create a fabulous guest house, a huge sparkling pool, a sports court, a soccer field or championship wiffle ball field, or all of the above. Located near the acclaimed Tree People/Fryman hiking trails is a rare opportunity to create and enjoy, a Wonderful Life.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1966
Lot Size
24,954 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Studio City Unified Schools

Wonderland Avenue Elementary School

Grades K-5 • 1.2 mi

9/10

Rio Vista Elementary School

Grades K-5 • 1.9 mi

7/10

Toluca Lake Elementary School

Grades K-5 • 2.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
71%
Baths4.03.0
52%
Square foot5,6922,477
96%
Lot Size24,9547,766.5
96%
Price$4.00M$2.23M
83%
Price per sq ft$703$957
17%
Built year19661954
71%
HOA$0$0
50%
Days on market4169
1%

Pricing History

Listed for Sale

Mar 2, 2026

$3,999,999

Initial Listing

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