
Studio City, California 91604
This Stunning Contemporary Residence is a Strong Value Opportunity, listed at $2,000,000—positioned well below the $2,136,331 Fair Market Value by 6%. This valuation gap offers $136,331 in Instant Equity. Featuring a remodeled chef's kitchen, paid-off solar panels, and sweeping canyon views, the property maintains an Excellent Condition Rating. Its blend of modern luxury and energy efficiency provides a turnkey lifestyle near Ventura Boulevard. This residence is an ideal acquisition for discerning homeowners or sophisticated buyers seeking a premium Studio City retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3635 Potosi Avenue Subject | $2,000,000* List Price | 4 | 5 | 4,048 | $528 | - |
A 4322 Alcove Avenue Sold | $2,400,000 | 5 | 5 | 4,649 | $516 | 0.9 mi |
B 4148 Sunswept Drive Active | $1,999,999 List Price | 5 | 5 | 4,163 | $480 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1993, the property has undergone extensive recent renovations including a beautifully remodeled chef's kitchen and spa-inspired bathrooms. Key systems and structural elements have been updated, featuring a newer roof, paid-off solar panels, and flame-resistant exterior paint, placing it in mint condition.
The property features sweeping canyon and city light views paired with a spacious 4,048 sqft contemporary layout, offering a high-end California indoor-outdoor lifestyle.
Significant value-add features include fully paid-off solar panels, a newer roof, and flame-resistant exterior paint, ensuring energy efficiency and enhanced safety for hillside living.
The recently remodeled kitchen serves as a sophisticated central hub with premium appliances, custom cabinetry, and an expansive island designed for professional-grade cooking and entertaining.
With a lot size of 5,960 sqft for a 4,048 sqft home, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large flat backyard or expansive lawn.
The property's perched location and multi-level design, while providing excellent views, may present accessibility challenges or higher maintenance considerations typical of hillside terrain.
A remarkable opportunity awaits with this exceptional Studio City retreat. Perched to capture sweeping views and unforgettable sunsets, this stunning contemporary residence blends modern luxury with warmth, comfort, and effortless California living. Spanning 4,048 square feet, the home offers four spacious bedrooms and four-and-a-half bathrooms, thoughtfully designed for both elegance and functionality. Soaring ceilings, abundant natural light, hardwood floors and an open-concept floor plan create an inviting atmosphere that feels both grand and welcoming. At the heart of the home, a beautifully remodeled chef's kitchen inspires with premium appliances, custom cabinetry, and an expansive center island that seamlessly connects to the surrounding living and entertaining spaces. Three fireplaces in the living room, family room, and luxurious primary suite add warmth and ambiance throughout. The primary suite serves as a private sanctuary, complete with dual closets, a spa-inspired bath, and a peaceful balcony where morning coffee and evening city lights become part of your daily routine. A convenient first-floor bedroom with an en-suite bath provides flexibility for guests, extended family, or a private office. Thoughtfully updated for both comfort and peace of mind, the home also features a newer roof, fully paid-off solar panels, and flame-resistant exterior paint, offering lasting value and enhanced efficiency. Outside, a beautifully landscaped tranquil escape features a relaxing jacuzzi and an inviting barbecue area for entertaining under the stars or simply unwinding in complete privacy. Ideally located just moments from Ventura Boulevard's renowned dining, shopping, and entertainment, and within easy reach of Beverly Hills, the 101 Freeway, and top-rated schools, this exceptional residence offers the perfect balance of sophistication, convenience, and the coveted Studio City lifestyle. Welcome home to 3635 Potosi Avenue, where breathtaking views, thoughtful updates, timeless design, and everyday luxury come together beautifully.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,048 | 2,360 |
| Lot Size | 5,960 | 7,887 |
| Price | $2.00M | $2.12M |
| Price per sq ft | $494 | $877 |
| Built year | 1993 | 1953 |
| HOA | $0 | $0 |
| Days on market | 31 | 63 |
Jun 21, 2026
$2,000,000
Initial Listing
Dec 27, 2019
$1,685,000
Public Record
Sep 20, 2012
$775,000
Public Record
Mar 29, 2012
$600,000
Public Record