
Studio City, California 91604
This property presents a High-Potential Investment Opportunity with a List Price of $1,799,000—positioned well below the $1,656,551 Fair Market Value by -8%. While the property requires a comprehensive renovation given its Condition Rating of 5, the expansive 21,662 sqft lot and George Elian architectural design provide significant upside for forced appreciation. Located near top-rated schools like Warner Avenue Elementary, this asset offers a rare combination of hillside privacy and proximity to Ventura Boulevard. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a custom hillside estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3800 Sunswept Drive Subject | $1,799,000* List Price | 2 | 2 | 2,198 | $754 | - |
A 4132 Vanetta Active | $1,300,000 List Price | 2 | 4 | 2,048 | $635 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (77 years old) and explicitly marketed as a 'Great Fixer Opportunity' to be sold in 'AS-IS' condition. While the architectural integrity is noted, the property shows significant signs of age-related wear including a rusted perimeter gate, cracked driveway, and dated interior finishes that require a comprehensive rehab rather than minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21662, living area = 2198.
Elementary School: Warner Avenue Elementary School (9/10).
Designed by George Elian, this architecturally distinctive home is set on an expansive 21,662 sqft gated lot, offering a rare, secluded sanctuary with exceptional privacy and serene canyon views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property is sold in its present as-is condition with no seller repairs or credits, signaling the need for a substantial renovation budget and immediate capital investment.
Despite having nearly 2,200 square feet of living space, the current two-bedroom configuration may limit appeal for larger families or buyers requiring more traditional bedroom counts.
Great Fixer Opportunity! Tucked away in the peaceful hills of Studio City, this architecturally distinctive residence designed by George Elian offers exceptional privacy, tranquility, and timeless design just minutes from Ventura Boulevard's popular cafes, restaurants, and convenient access to Erewhon, Trader Joe's, and other local favorites.Hidden behind a gated entrance at the bottom of the hill, the home feels like a true secluded sanctuary, offering a rare sense of privacy and serenity. Ideal for those who value peaceful living, this hidden escape allows you to fully disconnect and immerse yourself in nature. Set on an expansive 21,662 sqft lot, this 2 bedroom, 2 bathroom home features approximately 2,198 sqft of living space filled with abundant natural light. Wake up naturally with the sunrise as sunlight pours through expansive windows, creating a warm and serene atmosphere throughout the home. Every detail of this thoughtfully designed residence reflects exceptional craftsmanship and attention to detail. Surrounded by nature, enjoy the soothing sounds of birds chirping while taking in peaceful canyon and hillside views from the comfort of your own hillside haven. An exceptional opportunity for end-users, investors, or those seeking a one-of-a-kind property in a prime Studio City location. Property is being sold in its present AS-IS condition with no repairs or credits from seller. This special opportunity won't last long!
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 2.4 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 4.0 | 16% |
| Square foot | 2,198 | 2,571 | 31% |
| Lot Size | 21,662 | 8,932 | 89% |
| Price | $1.80M | $2.22M | 24% |
| Price per sq ft | $818 | $885 | 40% |
| Built year | 1947 | 1956 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 145 | 1% |
May 15, 2026
$1,799,000
Initial Listing