3721 Eureka Drive, Studio City, California 91604, Studio City, 91604 - 9 bed, 12 bath

3721 Eureka Drive, Studio City, California 91604 home-pic-0

3721 Eureka Drive

Studio City, California 91604

ACTIVE
CONDITION: EXCELLENT
9Beds
12Baths
10,000Sq Ft
83,824Lot Size

Property Price

LIST PRICE$8,500,000

SUMMARY

Analysis of 3721 Eureka Drive, Studio City, California 91604 is currently available with a list price of $8,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction project. While the main 10,000 sqft residence is currently in the foundation and framing stage, the 1,500 sqft detached guest house is fully completed with high-end modern finishes, including wide-plank hardwood flooring, recessed lighting, and skylights. As a new build, all systems, structural components, and existing finishes meet the highest current quality standards with zero deferred maintenance or physical depreciation.

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 = 83824, living area = 10000.

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Shovel-Ready Development

    The property comes with fully approved and paid plans from LADBS and the Mulholland Corridor Scenic Review Board, saving the buyer years of creative and bureaucratic effort.

CONSRISKS & DEFICIENCIES

  • Unfinished Construction Project

    The property requires a buyer with the capital, time, and expertise to manage the remaining construction and selection of high-end finishes.

  • High Maintenance Complexity

    The scale of the 80,000+ sq ft lot and multiple detached structures will necessitate significant ongoing maintenance, landscaping, and utility costs.

  • Financing Complexity

    Securing traditional residential financing for a partially completed multi-structure compound can be more challenging and may require specialized construction loans.

About 3721 Eureka Drive

The hard part is done, now the fun part starts. Put your finishes on this extraordinary "top of the world" multi-structure compound estate that has already invested years of creative inspiration and steadfast dedication to secure approved and paid plans from LADBS and the Mulholland Corridor Scenic Review Board for this architectural beauty. Just like 16187 Royal Oak that SOLD for $9.5M and is now on market for $32M, this is an opportunity to finish the build of a world-class residence atop a private, quiet south of Ventura Boulevard cul-de-sac in prime Studio City. Set on over 80,000 square feet of remarkable private, gated grounds. Live in the already completed guest house, while resuming immediate construction on the already completed foundation/framing and retaining walls for the main residence you'll be celebrating your good fortune to live here in a greatly expedited time frame. The estate's expansive lot features a drive-in 3-car garage with an elevator, an additional 3-car garage that accommodates a car lift, Pool and spa, a Pool House, a Casita with a Kitchen, plus a separate detached 1500sf Guest House with additional garage space. Everyone can park anywhere they want, and all your guests and staff enjoy ample street parking on this comfortably wide street, so unusual for up in the hills. There is also a large, flat pad ideal for a pickleball court, sports court or soccer field of grass. This exceptional property combines the rare trifecta of approved plans, substantial completed work, and irreplaceable location ready for an owner or developer to bring an extraordinary vision to life. Experience the best of the hills tranquil, scenic, yet minutes from Ventura Boulevard's fine dining, boutiques, and entertainment with this premier Studio City development opportunity.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2025
Lot Size
83,824 Sq. Ft.

Interior

Total Bedrooms
9
Total Bathrooms
12 (12 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 • 0.8 mi

7/10

Toluca Lake Elementary School

Grades K-5 • 1.6 mi

7/10

Wonderland Avenue Elementary School

Grades K-5 • 1.6 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds9.04.0
99%
Baths12.03.0
99%
Square foot10,0002,477
99%
Lot Size83,8247,766.5
99%
Price$8.50M$2.23M
99%
Price per sq ft$850$957
36%
Built year20251954
88%
HOA$0$0
50%
Days on market60169
11%

Pricing History

Listed for Sale

Jan 5, 2026

$8,500,000

Initial Listing

Sold

Mar 1, 2016

$750,000

Public Record

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