3646 Potosi Avenue, Studio City, California 91604, Studio City, 91604 - 4 bed, 4 bath

3646 Potosi Avenue, Studio City, California 91604 home-pic-0
ACTIVE$2,198,000
3646 Potosi Avenue, Studio City, California 91604
4Beds
4Baths
4,784Sqft
6,238Lot
Year Built
1989
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
25546877
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s)
Deck
ViewCity Lights,Canyon,Hills,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.20M(49th), sqft - 4784(93th), beds - 4(50th), baths - 4(55th).

This hillside villa is thoughtfully designed to enjoy living in it without the burden of yard work or pool maintenance. The exterior is Mediterranean-inspired, tastefully elegant with stucco walls, terracotta roof tiles, and wrought-iron accents and trims. Enter the grand double doors, and the home unfolds before you. Off the foyer, an arched entry leads to a sitting room with a fireplace, currently styled as a game room, perfect for receiving guests. Step down to the formal dining room, which connects to the chef's kitchen, outfitted with new Caesarstone countertops, high-end appliances, and a panoramic window to take in an awe-inspiring canyon view. The kitchen connects to a second living room featuring a fireplace and minibar, currently appointed with a library. A family room is on the next level down, It's the perfect place to gather together and watch movies, play games, and connect. Three big bedrooms, one a junior primary with en-suite bathroom, complete this level; each has high ceilings and spacious closets, and two offer private balconies. At the very top of the house is the primary retreat - its own level - complete with private office, double-door entry and walk-up, a private entrance from outside, a large walk-through closet, a sitting area, a balcony, and a large bathroom with dual sink, bidet, large shower with double shower heads - for those who like to share the shower without sharing the water - and a large whirlpool bath. There's also a very large deck on this level where you can entertain, hang out, or work with the canyon views and twinkling lights as your backdrop. The home has been completely redone recently. Everything is new, from the roof tiles, rain gutters, windows, decks, and exterior stucco to the walls and hardwood floors, closet doors, knobs and fixtures inside. It's located in the coveted Dixie Canyon School District and near top private schools like Harvard-Westlake and Campbell Hall. Ventura Boulevard - which has everything from Ace Hardware to Equinox, Erewhon to Trader Joe's, and Katsu-ya to The Farmers Market - is minutes to the north. Fryman Canyon (Tree People) with its myriad nature trails, and Beverly Hills are minutes to the South.

Condition Rating
Excellent

Despite being built in 1989, the property has been 'completely redone recently' with 'everything new' from roof to interior fixtures, aligning perfectly with the 'Excellent' criteria for extensive renovation within 5 years. The kitchen features new Caesarstone countertops, high-end stainless steel appliances, modern white shaker cabinets, and contemporary lighting. The primary bathroom is luxurious with dual sinks, a bidet, a large glass-enclosed shower with double heads, a whirlpool tub, and modern tile. Hardwood floors are consistent throughout, and all visible elements appear new and high-quality.
Pros & Cons

Pros

Extensive Recent Renovation: The property has undergone a comprehensive renovation, with everything from roof tiles, windows, and exterior stucco to interior walls, hardwood floors, and fixtures being new, offering a move-in ready experience.
Panoramic Canyon & City Views: Features awe-inspiring canyon views and twinkling city lights, especially from the chef's kitchen, primary suite, and a very large top-level deck, significantly enhancing its appeal.
Luxurious Primary Suite: A dedicated top-level primary retreat offers a private office, walk-through closet, sitting area, balcony, and a large bathroom with dual sinks, bidet, double shower heads, and a whirlpool bath.
Prime Location & School District: Situated in the coveted Dixie Canyon School District, close to top private schools, vibrant Ventura Boulevard amenities, Fryman Canyon trails, and minutes from Beverly Hills.
Low Maintenance Lifestyle: Thoughtfully designed as a hillside villa, it offers the benefit of luxurious living without the typical burdens of yard work or pool maintenance.

Cons

Significant Overpricing: The listing price of $2.198M is approximately 19% higher than the estimated property value of $1.765M, potentially impacting market competitiveness and buyer interest.
No Private Yard or Pool: While offering low maintenance, the absence of a private yard or pool might be a drawback for buyers seeking dedicated outdoor space or recreational water features.
Multi-Level Layout: As a hillside villa, the property features multiple levels and likely extensive stairs, which could be a concern for buyers with mobility challenges or those preferring a more conventional layout.

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