
Studio City, California 91604
This Legacy View Estate represents a High-Potential Investment Opportunity, listed at $2,695,000—positioned slightly above the $2,649,341 Fair Market Value. While the home maintains a Condition Rating of 4, its massive 35,967 sq. ft. lot and unobstructed panoramic views provide a rare foundation for a high-end redesign. Featuring a dramatic pool and expansive flat pad, the property offers significant upside for those looking to modernize a classic layout. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premier Studio City location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3467 Wrightwood Drive Subject | $2,695,000* List Price | 3 | 4 | 3,040 | $911 | - |
A 11250 Sunshine Terrace Sold | $2,220,000 | 3 | 2 | 2,904 | $764 | 0.3 mi |
B 10916 Alta View Drive Sold | $3,150,000 | 3 | 4 | 3,561 | $885 | 0.4 mi |
C 3102 Dona Sofia Active | $2,985,000 List Price | 4 | 3 | 3,159 | $945 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is well-maintained but significantly dated. Interior images show finishes such as floral wallpaper, older carpeting, and tiled bathroom countertops with dark wood cabinetry that appear to be from a renovation over 20-30 years ago. While functional and move-in ready, the property requires aesthetic updates and modernization of the kitchen and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35967, living area = 3040.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on a near-acre promontory within the Wrightwood Estates Inner Circle, the property offers unobstructed, head-on panoramic valley and city light views that qualify it as a true legacy lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3040, other record living area = 2578.
Originally built in 1955, the home likely requires significant capital investment for updates or a full redesign to align with contemporary luxury standards and the expectations of today's high-end buyers.
While the area is served by some high-performing elementary schools, the assigned middle school carries a lower rating, which may be a consideration for families prioritizing top-tier public education across all grade levels.
From the moment you step through the front door, the commanding, unobstructed view immediately captures your attention. This dramatic promontory property, located within the prestigious Wrightwood Estates Inner Circle of the Prime Mulholland Scenic Corridor, is defined by its sweeping panoramic setting. The thoughtfully curated landscaping is a showcase of inspirational design. Upon arrival, a spacious motor court welcomes guests and provides ample off-street parking, complemented by a large two-car direct-entry garage. Multiple decks, BBQ area, and a screened garden room create the ideal setting for gracious poolside entertaining. The main level features a dining room, country kitchen, living room, office, powder room, and guest bedroom. Upstairs includes the primary suite which opens to a large private balcony plus a small bedroom with a jaw-dropping view. An additional upper-level space, formerly used as a billiard room, offers exceptional flexibility as a home theater, fitness studio, or very large home office. Conveniently located just minutes from Universal Studios Hollywood, scenic hiking trails, and gourmet grocery shopping, this property presents a rare opportunity. Whether one chooses to move in as-is, partially update, or completely reimagine the interior, the next owner will possess one of Los Angeles' true legacy view lots.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,040 | 2,626 | 65% |
| Lot Size | 35,967 | 8,899 | 97% |
| Price | $2.69M | $2.13M | 66% |
| Price per sq ft | $887 | $902 | 49% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 146 | 4% |
May 8, 2026
$2,695,000
Initial Listing