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4040 N Cartwright Avenue, Studio City, California 91604, Studio City, 91604 - 4 bed, 5 bath

4040 N Cartwright Avenue, Studio City, California 91604 home-pic-0
ACTIVE$2,495,000$2,139/sqft
Est. Value: $2,313,387
-7%
AboveEstimate
4040 N Cartwright Avenue, Studio City, California 91604
4Beds
5Baths
2,139Sqft
4,796Lot

Price Vs. Estimate

The estimated value ($2,313,387.05) is $181,612.95 (7%) lower than the list price ($2,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Top Cons:
Potential Overpricing: The current list price of $2.495M is 7% above the estimated property value of $2.313M, suggesting it may be priced aggressively compared to market expectations.

Compared to the nearby listings

Price:$2.50M vs avg $2.23M (+$270,000)59%
Size:2,139 sqft vs avg 2,461 sqft37%
Price/sqft:$1.2K vs avg $96382%

More Insights

Built in 2024 (2 years old).
Condition: This property is a brand-new, ground-up construction built in 2024, making it virtually new. The description explicitly states it's 'new, modern, and move-in ready' with 'meticulous attention to detail' and 'upscale living.' Images confirm a contemporary design with high-end finishes throughout, including a modern kitchen with sleek cabinetry, integrated appliances, and marble-look countertops. Bathrooms feature modern vanities, black fixtures, and backlit mirrors. The flooring is new light-colored hardwood, and the property boasts smart home features and fully paid-off solar panels, indicating all components meet current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$2.5M
Original List price
$2.69M
Price/Sqft
$1,166
HOA
-
Days on market
-
Sold On
-
MLS number
25540207
Home ConditionExcellent
Features
Good View: Hills
Patio
ViewHills

About this home

Modern Luxury in Prime Studio City New Construction Across from Universal Studios. Welcome to this brand-new, ground-up construction in the heart of Studio City, ideally located just across from Universal Studios. This home offers an unbeatable blend of style, functionality, and convenience perfect for modern living in one of LA's most desirable neighborhoods.Designed with meticulous attention to detail, the home features four spacious bedrooms, each with its own en suite bath, providing comfort and privacy for every resident or guest. The thoughtful layout includes two bedrooms on the main floor and two upstairs, offering flexibility for families, guests, or work-from-home needs.Highlights include a clever laundry chute from the upper level straight into the laundry room, a full suite of smart home features including integrated controls and intercom, and fully paid-off solar panels for energy efficiency and long-term savings.Enjoy upscale living just minutes from top-tier dining, shopping, major studios, and freeway access. This is Studio City living at its finestnew, modern, and move-in ready.

L
Lital Simel
Listing Agent

Nearby schools

7/10
Rio Vista Elementary School
Public,•K-5•0.4mi
7/10
Toluca Lake Elementary School
Public,•K-5•1.1mi
8/10
Valley View Elementary School
Public,•K-6•1.7mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.1mi
9/10
West Hollywood Elementary School
Public,•K-5•3.9mi
9/10
Warner Avenue Elementary School
Public,•K-5•6.4mi
6/10
Walter Reed Middle School
Public,•6-8•1.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.1mi
6/10
Arroyo Seco Museum Science
Public,•K-8•9.6mi
3/10
East Valley Senior High School
Public,•9-12•2.0mi
8/10
North Hollywood Senior High School
Public,•9-12•2.1mi
6/10
Hollywood Senior High School
Public,•9-12•3.4mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.9mi
7/10
Fairfax Senior High School
Public,•9-12•4.1mi
6/10
University Senior High School Charter
Public,•9-12•8.7mi
6/10
University Senior High School
Public,•9-12•8.7mi
Condition Rating
Excellent
This property is a brand-new, ground-up construction built in 2024, making it virtually new. The description explicitly states it's 'new, modern, and move-in ready' with 'meticulous attention to detail' and 'upscale living.' Images confirm a contemporary design with high-end finishes throughout, including a modern kitchen with sleek cabinetry, integrated appliances, and marble-look countertops. Bathrooms feature modern vanities, black fixtures, and backlit mirrors. The flooring is new light-colored hardwood, and the property boasts smart home features and fully paid-off solar panels, indicating all components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
New Construction & Modern Amenities: The property is a brand-new, ground-up construction (2024) featuring modern design, high-end finishes, and is move-in ready, appealing to buyers seeking contemporary luxury.
Prime Studio City Location: Strategically located in the heart of Studio City, directly across from Universal Studios, offering unparalleled access to major studios, entertainment, dining, shopping, and freeway access.
Advanced Smart Home & Energy Efficiency: Equipped with a full suite of integrated smart home features and fully paid-off solar panels, providing convenience, security, and significant long-term energy savings.
Luxurious En Suite Accommodations: Each of the four spacious bedrooms includes its own private en suite bathroom, ensuring maximum comfort, privacy, and versatility for residents and guests.
Thoughtful Functional Design: Features a well-designed layout with two bedrooms on each level and practical elements like a laundry chute, enhancing daily living and adaptability for various household needs.

Cons

Potential Overpricing: The current list price of $2.495M is 7% above the estimated property value of $2.313M, suggesting it may be priced aggressively compared to market expectations.
Limited Square Footage for Price: At 2139 sqft, the property's interior space might be considered modest for its luxury price point in the Studio City market, potentially limiting its appeal to buyers seeking larger homes.
Proximity to Commercial Hub: Being directly across from Universal Studios, while convenient, could lead to increased traffic, noise, and tourist presence, which may detract from a purely residential living experience for some buyers.
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