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

3721 Eureka Drive
Studio City, California 91604
Property Price
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
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
Toluca Lake Elementary School
Grades K-5 • 1.6 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 4.0 | 99% |
| Baths | 12.0 | 3.0 | 99% |
| Square foot | 10,000 | 2,477 | 99% |
| Lot Size | 83,824 | 7,766.5 | 99% |
| Price | $8.50M | $2.23M | 99% |
| Price per sq ft | $850 | $957 | 36% |
| Built year | 2025 | 1954 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 169 | 11% |
Pricing History
Listed for Sale
Jan 5, 2026
$8,500,000
Initial Listing
Sold
Mar 1, 2016
$750,000
Public Record
































