3540 Willowcrest Avenue, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath
3540 Willowcrest Avenue
Studio City, California 91604
Property Price
SUMMARY
Analysis of 3540 Willowcrest Avenue, Studio City, California 91604 reveals a Prime Investment Opportunity with a current list price of $2,688,000—significantly undercutting the $2,866,130 Fair Market Value by 6%. This valuation gap indicates a +$178,130 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3540 Willowcrest Avenue Subject | $2,688,000* List Price | 3 | 3 | 2,544 | $1,127 | - |
A 11268 Dona Lola Drive Active | $2,995,000 List Price | 4 | 3 | 2,543 | $1,178 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1957-built home has clearly undergone extensive and high-quality renovations, transforming it into an 'exceptional contemporary home' as described. The gourmet kitchen with stone counters and stainless-steel appliances, along with the 'opulent spa bath,' indicate significant modern updates. The images showcase a meticulously maintained property with gleaming hardwood floors, updated bathrooms (though some stylistic choices like track lighting or specific tile in the powder room might not be cutting-edge modern), and an outstanding, recently updated outdoor living space with a saltwater pool, spa, and built-in BBQ. While not brand new construction, the property is move-in ready with no immediate renovations required, and all major components appear well-maintained and functional, aligning well with the 'Good' condition criteria for a property extensively renovated within the last 5 to 15 years.
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 = 21354, living area = 2544.
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Exceptional Views
The property offers captivating views of endless city lights, the San Gabriel Mountains, and expansive jetliner views, with the added charm of snowcapped mountains in winter.
CONSRISKS & DEFICIENCIES
- Age of Original Construction
Built in 1957, the property's underlying structure is older, which may imply potential for unseen maintenance or less modern infrastructure despite contemporary updates.
- High Maintenance Outdoor Features
The extensive outdoor amenities, including a saltwater pool & spa, lush landscaping, and built-in BBQ center on a large lot (21,354 sqft), suggest significant ongoing maintenance and associated costs.
- Mixed School Ratings
While some nearby schools have high ratings, others, such as Hubert Howe Bancroft Middle School and East Valley Senior High School, have lower ratings (3), which could be a concern for families prioritizing top-tier public education.
About 3540 Willowcrest Avenue
Welcome to this exceptional contemporary home nestled towards the end of a serene cul-de-sac in a private tranquil setting and up a private driveway. This elegant yet casual abode boasts 3 spacious bedrooms and 3 luxurious bathrooms, sprawling over an impressive 2,544 square feet. The gourmet cook's kitchen, equipped with stone counters and stainless-steel appliances, seamlessly flows into a cozy breakfast area, a large dining room, and a living room that offers captivating views of the endless lights & San Gabriel mountains in a private retreat like setting. The primary suite is a sanctuary featuring an opulent spa bath and expansive master closets. Step outside to the spectacular backyard, where a stunning saltwater pool & spa awaits, pergola, surrounded by lush greenery and a built-in entertainment/BBQ center, firepit and outdoor seating/dining areas perfect for hosting gatherings. Enjoy expansive jetliner views and a peaceful setting that enhance the home's allure and in the winter enjoy hot chocolate while viewing the snowcapped mountains.This Studio City Hills gem offers a vacation-like lifestyle year-round, conveniently located near dining, coffee shops/bakeries and shopping venues.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 21,354 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Studio City Unified Schools
Rio Vista Elementary School
Grades K-5 • 0.9 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.5 mi
Valley View Elementary School
Grades K-6 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,544 | 2,477 | 54% |
| Lot Size | 21,354 | 7,766.5 | 96% |
| Price | $2.69M | $2.23M | 64% |
| Price per sq ft | $1.1K | $962 | 68% |
| Built year | 1957 | 1954 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 109 | 169 | 19% |
Pricing History
Listed for Sale
Nov 17, 2025
$2,688,000
Initial Listing
Sold
Jul 24, 2012
$1,399,000
Public Record
Sold
Jan 26, 2005
$1,220,000
Public Record
Sold
Sep 16, 2004
$970,000
Public Record