3896 Carpenter Avenue, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath
ACTIVE$1,799,000
3896 Carpenter Avenue, Studio City, California 91604
3Beds
3Baths
2,300Sqft
9,554Lot
Year Built
1939
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$782
HOA
-
Days on market
-
Sold On
-
MLS number
25604139
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.80M(34th), sqft - 2300(47th), beds - 3(46th), baths - 3(50th).
Calling all owner users, developers, investors and flippers... Opportunity knocks in prime Studio City! Situated south of the boulevard, on a generous 9,500+ sqft flat lot, this 3-bedroom, 3-bath home offers endless potential to create a dream property. Property has a new roof! Located in the Carpenter Elementary School District, and in close proximity to the school as well, this home presents a rare chance to reimagine a home in one of the Valley's most desirable neighborhoods. Just moments from Ventura Blvd's shops, dining, and entertainment.
Nearby schools
7/10
Rio Vista Elementary School
Public,•K-5•1.5mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.9mi
7/10
Toluca Lake Elementary School
Public,•K-5•2.1mi
8/10
Valley View Elementary School
Public,•K-6•2.9mi
9/10
West Hollywood Elementary School
Public,•K-5•3.6mi
9/10
Warner Avenue Elementary School
Public,•K-5•5.4mi
6/10
Walter Reed Middle School
Public,•6-8•0.9mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.8mi
6/10
Arroyo Seco Museum Science
Public,•K-8•11.1mi
8/10
North Hollywood Senior High School
Public,•9-12•1.8mi
3/10
East Valley Senior High School
Public,•9-12•2.4mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.9mi
6/10
Hollywood Senior High School
Public,•9-12•4.2mi
7/10
Fairfax Senior High School
Public,•9-12•4.3mi
6/10
University Senior High School
Public,•9-12•7.7mi
6/10
University Senior High School Charter
Public,•9-12•7.7mi
Price History
Date
Event
Price
10/09/25
Listing
$1,799,000
Condition Rating
Poor
Built in 1939, this property is 85 years old and, according to the listing, 'requires extensive modernization and updates to systems and finishes' and 'substantial renovation.' While it has a new roof, the lack of interior photos and the explicit call for 'developers, investors and flippers' to 'reimagine a home' strongly indicate that the kitchen, bathrooms, and other major systems are severely outdated and require significant rehabilitation to meet current standards. It is not considered unlivable (tear-down) as the structure is presented as having 'endless potential' for renovation, but it is far from move-in ready and would be uncomfortable in its current state.
Pros & Cons
Pros
Prime Studio City Location: Situated south of the boulevard in a highly desirable Studio City neighborhood, offering excellent access to Ventura Blvd's shops, dining, and entertainment.
Significant Development Potential: Presents a rare opportunity for owner-users, developers, investors, or flippers to reimagine or expand the property on a generous lot.
Generous Flat Lot: Boasts a substantial 9,500+ sqft flat lot, providing ample space for expansion, landscaping, or potential redevelopment.
Excellent School District: Located within the highly-regarded Carpenter Elementary School District, a significant draw for families.
Recent Major Upgrade: Equipped with a new roof, mitigating immediate concerns and costs associated with a critical structural component.
Cons
Age of Property: Built in 1939, the home likely requires extensive modernization and updates to systems and finishes to meet contemporary standards.
No Desirable Views: The property explicitly states 'None' for views, which may be a drawback for buyers seeking scenic vistas in a premium location.
Requires Substantial Renovation: While offering 'endless potential,' this implies the property is not turn-key and will demand significant financial and time investment for renovation or redevelopment.