
Los Angeles, California 90068
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $1,695,000—positioned well below the $1,738,181 Fair Market Value by 2%. This valuation gap offers $43,181 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a Gourmet Viking Kitchen, Mahogany Hardwood Floors, and a Resort-Style Pool and Spa. With sweeping city views and a large hillside terrace, this property is an ideal sanctuary for Buy-and-Hold Investors or Owner-Occupants seeking luxury living in Studio City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3617 Lankershim Boulevard Subject | $1,695,000* List Price | 3 | 2 | 1,665 | $1,044 | - |
A 3686 Fredonia Drive Active | $1,449,000 List Price | 3 | 3 | 1,699 | $853 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a high-end, modern renovation featuring a gourmet kitchen with Viking appliances and marble surfaces. The interior is in mint condition with rich mahogany floors and updated spa-like bathrooms, while the exterior includes a well-maintained outdoor kitchen and resort-style landscaping, meeting the criteria for a recent, move-in ready remodel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7042, living area = 1665.
The property features a comprehensive outdoor oasis including a pool, spa, outdoor kitchen, and fire pit, offering a secluded space for high-end entertaining.
Meticulously remodeled with luxury materials such as mahogany hardwood floors, marble surfaces, and professional-grade Viking appliances, ensuring a move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1665, other record living area = 1606. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,665 square feet for nearly $1.7M, the property commands a significant premium per foot, which may be a deterrent for buyers prioritizing interior volume.
With only two bathrooms serving three bedrooms, the layout may be less convenient for families or guests compared to newer luxury builds in the area.
Updated traditional meets resort-style living in this beautifully remodeled two-story pool home with sweeping mountain and city views. Rich mahogany hardwood floors, marble surfaces, and a gourmet kitchen with Viking appliances create a refined interior, while French doors provide seamless access to the outdoor kitchen and entertaining areas. The spacious living room features an inviting fireplace and abundant natural light, while the elegant dining room is enhanced by crown molding and a charming bay window.The main level includes a bedroom, bathroom with shower, and laundry room with a wine refrigerator. Upstairs, the primary suite offers a walk-in closet and luxurious bathroom with an oversized spa shower and separate soaking tub, while the additional bedroom is equally spacious and inviting.Outside, a large hillside terrace overlooks the pool, spa, and lush tropical landscaping. A fire pit and multiple outdoor entertaining spaces create a secluded oasis for year-round enjoyment. Tucked within a charming, peaceful neighborhood in the heart of Studio City, the home offers a true sense of community while remaining moments from the area's beloved shops, cafs, restaurants, parks, and everyday conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,665 | 1,664.159 |
| Lot Size | 7,042 | 6,066.556 |
| Price | $1.70M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1948 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Sep 3, 2026
$1,695,000
Initial Listing
Aug 24, 2018
$1,305,500
Public Record
Apr 23, 2014
$1,095,000
Public Record
Oct 15, 2003
$820,000
Public Record
Sep 17, 1999
$475,000
Public Record