
Studio City, California 91604
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,606,847 Fair Market Value by 12%. This valuation gap provides $207,847 in Instant Equity. Featuring a Condition Rating of 2 with high-end modern renovations, the home offers panoramic city light views from elevated decks. Located near top-tier schools like Warner Avenue Elementary, this property is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors prioritizing long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4110 Vanetta Place Subject | $1,399,000* List Price | 3 | 2 | 1,964 | $818 | - |
A 4467 Babcock Avenue Sold | $1,799,000 | 3 | 3 | 2,086 | $862 | 0.9 mi |
B 12166 Laurel Terrace Drive Sold | $1,650,000 | 3 | 2 | 1,842 | $896 | 0.4 mi |
C 12621 Milbank Street Sold | $1,775,000 | 3 | 2 | 2,350 | $755 | 1.0 mi |
D 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 1.0 mi |
E 4112 Vanetta Place Active | $1,399,000 List Price | 3 | 3 | 1,964 | $712 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1988, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen features modern white cabinetry, quartz counters, and stainless appliances; bathrooms are fully updated with contemporary tile and fixtures; and the HVAC systems and interior finishes appear in mint, move-in-ready condition.
Elementary School: Warner Avenue Elementary School (9/10).
The property features desirable city light views, a premium amenity in the Studio City hills that significantly enhances the home's atmosphere and market appeal.
Built in 1988, this home offers more contemporary infrastructure and potentially more efficient systems compared to the older mid-century residences prevalent in the surrounding neighborhood.
The current list price of $1.399M is lower than the previous 2022 sale price of $1.42M, suggesting a lack of recent appreciation or a potential correction in the property's specific micro-market.
With a lot size of 6,427 square feet in a hillside view area, the usable flat outdoor space may be restricted, which can be a drawback for buyers seeking expansive yards or play areas.
Exceptional opportunity in Studio City. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,964 | 2,360 |
| Lot Size | 6,427 | 7,887 |
| Price | $1.40M | $2.12M |
| Price per sq ft | $712 | $877 |
| Built year | 1988 | 1953 |
| HOA | $0 | $0 |
| Days on market | 25 | 63 |
Jun 27, 2026
$1,399,000
Initial Listing
Nov 8, 2022
$1,420,000
Public Record
Dec 4, 2018
$1,124,500
Public Record