3959 Tropical Drive, Studio City, California 91604, Studio City, 91604 - 3 bed, 4 bath
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Studio City, California 91604
This Modern Mediterranean Residence presents a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,784,890 Fair Market Value by 5%. This valuation gap offers $89,890 in Instant Equity for the buyer. Featuring a Mint, Turnkey Condition Rating, the home boasts a gourmet kitchen, marble flooring, and serene hillside views from a private balcony. Located in a premier Studio City enclave near top-rated schools like Warner Avenue Elementary, this property is an ideal acquisition for Owner-Occupants or discerning luxury buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3959 Tropical Drive Subject | $1,695,000* List Price | 3 | 4 | 2,445 | $735 | - |
A 3854 Vineland Avenue Sold | $1,460,000 | 4 | 4 | 2,003 | $729 | 0.5 mi |
B 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 0.7 mi |
C 11528 Decente Drive Sold | $2,183,000 | 3 | 3 | 2,964 | $737 | 0.3 mi |
D 3744 Vineland Avenue Sold | $1,950,000 | 5 | 6 | 2,470 | $789 | 0.6 mi |
E 3631 Buena Park Drive Sold | $2,108,400 | 3 | 3 | 2,496 | $845 | 0.8 mi |
F 3554 Laurelvale Drive Sold | $1,530,000 | 3 | 2 | 1,774 | $862 | 0.5 mi |
G 11316 Sunshine Ter Active | $1,549,000 List Price | 3 | 2 | 1,768 | $876 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1920, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a gourmet kitchen with new appliances and stone countertops, updated spa-like bathrooms, modern marble flooring, and updated systems including recessed lighting and mini-split HVAC units. The property is in mint, turnkey condition.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the prestigious 'South of the Boulevard' enclave, this property offers immediate access to Ventura Boulevard's premier shopping, dining, and major film studios while maintaining a serene residential feel.
The residence features a high-contrast Modern Mediterranean design with premium finishes, including marble flooring, stone countertops, and a gourmet kitchen, offering a move-in-ready experience for luxury buyers.
With an original build date of 1920, the property may possess underlying structural or utility age-related issues common to century-old homes that are not immediately visible in the modern renovation.
The hillside topography prioritizes decks and vertical landscaping over flat green space, which may be a disadvantage for buyers specifically seeking a traditional lawn or play area for children and pets.
Perched in the highly desirable "South of the Boulevard" enclave of Studio City, this stunning 3-bedroom, 3.5 bathroom Modern Mediterranean residence seamlessly blends classic architectural charm with a sleek, high-contrast contemporary aesthetic. Stepping past the crisp white stucco facade, the light and bright open-concept layout reveals expansive living areas accented by pristine marble flooring, refined crown moldings, and dual cozy fireplaces. Designed with entertaining in mind, the gourmet kitchen boasts rich stone countertops, premium cabinetry, and new appliances, leading effortlessly into a spacious living room and a sunken family room complete with a custom dry bar. Open the sliding glass doors to a large private balcony showcasing serene hillside views, or retreat to the ultra-private primary suite featuring a spa-like bath with a deep soaking tub and double vanity. Outside, your personal tropical paradise awaits, featuring an elevated sun deck framed by lush, mature landscaping. Minutes from Ventura Boulevard shopping, world-class dining, and major studios, this turnkey masterpiece offers ultimate California living!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,445 | 2,360 |
| Lot Size | 6,443 | 7,887 |
| Price | $1.70M | $2.12M |
| Price per sq ft | $693 | $877 |
| Built year | 1920 | 1953 |
| HOA | $0 | $0 |
| Days on market | 49 | 63 |
Jun 3, 2026
$1,695,000
Initial Listing
Jun 14, 2023
$1,250,000
Public Record
Mar 11, 2013
$805,000
Public Record