3750 Alta Mesa Drive, Studio City, California 91604, Studio City, 91604 - 3 bed, 2 bath

3750 Alta Mesa Drive, Studio City, California 91604 home-pic-0

3750 Alta Mesa Drive

Studio City, California 91604

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,200Sq Ft
10,296Lot Size

Property Price

LIST PRICE$2,295,000
EST. MARKET VALUE
$1,889,718
17% AboveMARKET VALUE

SUMMARY

Analysis of 3750 Alta Mesa Drive, Studio City, California 91604 reveals a property with a current list price of $2,295,000, which is 17% above the estimated $1,889,718 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.

Estimated Market Value

$1,889,718
Based on Realkey algorithm analyzing recent comparable sales in Studio City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3750 Alta Mesa Drive
Subject
$2,295,000*
List Price
321,200$1,575-
A
3720 Alta Mesa Drive
Active
$1,995,000
List Price
221,265$1,5770.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1947, the property has undergone a beautiful and extensive renovation, as explicitly stated in the description and visually confirmed by the images. The chef's kitchen features custom cabinetry, sleek black quartz countertops, and high-end Viking appliances, appearing virtually new. The bathrooms are luxurious with modern tiling and fixtures. Hardwood floors, updated lighting, and an overall contemporary mid-century modern aesthetic throughout the living spaces indicate a comprehensive, high-quality renovation that meets current standards with no visible deferred maintenance.

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 = 10296, living area = 1200.

  • Great Schools

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

  • Panoramic Views

    The property offers breathtaking cinematic views stretching from Studio City to Glendale and Burbank, rivaling those from Mulholland Drive, and includes views of Wilacre Park and Tujunga Canyons.

CONSRISKS & DEFICIENCIES

  • Significant Price Discrepancy

    The current list price of $2.295M is substantially higher than the estimated property value of $1.89M, suggesting potential overpricing relative to market comparables.

  • Modest Interior Square Footage

    With 1200 sqft for a 3-bedroom, 2-bathroom home, the interior living space is relatively small for its price point, which might deter buyers seeking more expansive indoor areas.

  • Age of Original Structure

    Built in 1947, despite renovations, the underlying older construction may present long-term maintenance considerations or require further updates beyond the cosmetic for some buyers.

About 3750 Alta Mesa Drive

Nestled atop the prestigious hills of Studio City, this enchanting home offers a glimpse into Hollywood's storied past. As you enter through the Clear Redwood gated fence, you are transported to a bygone era as the fifth residence in the iconic Sportsmen's Lodge collection, a landmark that has welcomed silver screen legends since the 1880s.This beautifully renovated home retains its original charm, seamlessly blending mid-century modern design with contemporary comforts. The chef's kitchen is a culinary dream, featuring custom cabinetry, sleek black quartz countertops, Viking appliances, and strategically placed skylights. It flows effortlessly into an expansive great room, where reclaimed wood ceilings add a touch of rustic elegance, complemented by an open-air concept dining nook.The home comprises three thoughtfully designed bedrooms and two luxurious baths, with the primary suite offering stunning views of Wilacre Park and the distant Tujunga Canyons. Floor-to-ceiling windows flood the home with natural light, enhancing the sense of seclusion with no neighbors in sight, front or back.Adding to the home's unique character are two 150-year-old Indonesian gates, showcasing exquisite craftsmanship. Ancient Oak trees, Hudson Bay trees, and other indigenous flora envelop the property, creating a private, serene oasis reminiscent of a high-end Four Seasons treehouse. The exterior boasts 5,000 sq.ft. of multi-layered deck space, adorned with high-end, low-maintenance turf. From here, the cinematic views stretch from Studio City to Glendale and Burbank, rivaling those from Mulholland Drive. Despite its tranquil setting, the home is just a 5-minute drive from Ventura Blvd, providing easy access to grocery stores, shops, and more.Experience the perfect blend of history, luxury, and convenience in this extraordinary Studio City residence.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
10,296 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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 • 2.4 mi

9/10

Rio Vista Elementary School

Grades K-5 • 2.5 mi

7/10

Toluca Lake Elementary School

Grades K-5 • 3.1 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
48%
Baths2.03.0
27%
Square foot1,2002,465.5
5%
Lot Size10,2967,766.5
76%
Price$2.29M$2.23M
51%
Price per sq ft$1.9K$962
98%
Built year19471954
32%
HOA$0$0
50%
Days on market499170
0%

Pricing History

No pricing history data available.

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