3681 Alta Mesa Drive, Studio City, California 91604, Studio City, 91604 - 4 bed, 5 bath
3681 Alta Mesa Drive
Studio City, California 91604
Property Price
SUMMARY
Analysis of 3681 Alta Mesa Drive, Studio City, California 91604 reveals a Prime Investment Opportunity with a current list price of $1,799,000—significantly undercutting the $1,904,450 Fair Market Value by 5%. This valuation gap indicates a +$105,450 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 |
|---|---|---|---|---|---|---|
★ 3681 Alta Mesa Drive Subject | $1,799,000* List Price | 4 | 5 | 3,631 | $524 | - |
A 4198 Sunswept Sold | $1,550,000 | 5 | 6 | 3,938 | $394 | 0.5 mi |
B 3908 Fairway Avenue Sold | $2,200,000 | 4 | 4 | 4,044 | $544 | 0.3 mi |
C 3819 Sunswept Drive Sold | $1,547,000 | 3 | 3 | 2,484 | $623 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features high-end updates that surpass its 1989 construction date. The chef's kitchen is equipped with premium appliances and custom cabinetry, while the bathrooms and maple wood flooring appear modern and well-maintained. It reflects extensive renovation within the last 5 to 15 years, with all major systems appearing functional and stylish.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Panoramic Views & Prime Location
Perched above Ventura Boulevard, the home offers unobstructed panoramic views of the valley and city lights, combined with a prestigious location in the Dixie Canyon school district near Beverly Hills.
- Versatile Private Guest Suite
The third level features a fully equipped guest suite with a separate entrance, kitchenette, and private balcony, making it ideal for multi-generational living, a home office, or potential rental income.
CONSRISKS & DEFICIENCIES
- Multi-Level Navigation
The three-story hillside layout involves significant stair use across all levels, which may be a drawback for buyers with mobility concerns or those seeking a more traditional single-level flow.
- Limited Flat Outdoor Space
While the property offers expansive balconies on every level, the hillside topography typically limits the availability of flat yard space for traditional lawn activities or a large swimming pool.
About 3681 Alta Mesa Drive
Perched above Ventura Boulevard in the heart of Studio City, this exceptional 4BD/4.5BA residence offers unobstructed panoramic views and a prime location just minutes from the Shops at Sportsmen's Lodge and Beverly Hills. The main level is designed for entertaining, featuring expansive living spaces, a large balcony, game room, and a formal dining area accented by stunning wood detailing. The chef's kitchen is equipped with high-end appliances, custom cabinetry and a large center island. The primary suite is a true retreat, complete with a spacious soaking tub framed by a picture window that captures the breathtaking views. Throughout the home maple wood floors add warmth and sophistication, while balconies on every level provide seamless indoor-outdoor living. The third level functions as a private guest suite, complete with its own kitchenette, bathroom, bedroom, balcony, and separate entrance, ideal for guests, extended family, or added flexibility. Situated within the Dixie Canyon Community school district, this remarkable property delivers the perfect blend of peaceful hillside living and effortless access to the best of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 10,883 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Studio City Unified Schools
Wonderland Avenue Elementary School
Grades K-5 • 2.3 mi
Rio Vista Elementary School
Grades K-5 • 2.6 mi
Toluca Lake Elementary School
Grades K-5 • 3.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 69% |
| Square foot | 3,631 | 2,477 | 69% |
| Lot Size | 10,883 | 7,766.5 | 79% |
| Price | $1.80M | $2.20M | 31% |
| Price per sq ft | $495 | $957 | 5% |
| Built year | 1989 | 1954 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 169 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,799,000
Initial Listing
Sold
Oct 20, 2008
$970,000
Public Record
Sold
Jun 23, 2004
$910,000
Public Record
Sold
Jun 13, 1997
$459,000
Public Record