
Studio City, California 91604
This Modernized Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,601,597 Fair Market Value by 12%. This valuation gap provides $202,597 in Instant Equity. Featuring a Condition Rating of 2 with high-end interior renovations, the home offers Panoramic City Light Views and a Private Deck. Located near top-tier schools like Warner Avenue Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant upside.
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 | $815 | - |
A 12455 Milbank Street Sold | $1,650,000 | 4 | 3 | 2,012 | $820 | 1.0 mi |
B 4467 Babcock Avenue Sold | $1,799,000 | 3 | 3 | 2,086 | $862 | 0.9 mi |
C 12166 Laurel Terrace Drive Sold | $1,650,000 | 3 | 2 | 1,842 | $896 | 0.4 mi |
D 12621 Milbank Street Sold | $1,775,000 | 3 | 2 | 2,350 | $755 | 1.0 mi |
E 3830 Buena Park Drive Sold | $1,600,000 | 3 | 3 | 2,258 | $709 | 1.0 mi |
F 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 the structure was built in 1988, the interior has undergone a high-end, modern renovation within the last 5 years. The primary bathroom features contemporary large-format marble tiling and a freestanding soaking tub with modern black fixtures. The living areas and bedrooms show updated flooring, recessed lighting, and a modern fireplace surround. The rooftop HVAC systems appear functional and well-maintained, making the property move-in ready with no immediate maintenance required.
Elementary School: Warner Avenue Elementary School (9/10).
The property features desirable city light views, a premium asset in the Studio City hills that enhances both daily living and long-term resale value.
Residents have access to top-tier public education, including highly-rated institutions like Wonderland Avenue Elementary and North Hollywood Senior High.
The current list price of $1.399M is lower than the 2022 sale price of $1.42M, indicating a potential stagnation in value or a correction reflecting current market conditions.
With 47 days on the market, the property is exceeding the average pace for the area, which may lead to increased buyer leverage during negotiations.
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 | 3.7 |
| Baths | 2.0 | 3.7 |
| Square foot | 1,964 | 2,738.333 |
| Lot Size | 6,427 | 7,678.807 |
| Price | $1.40M | $2.13M |
| Price per sq ft | $712 | $896 |
| Built year | 1988 | 1956 |
| HOA | $0 | $0 |
| Days on market | 74 | 62 |
Jun 27, 2026
$1,399,000
Initial Listing
Nov 8, 2022
$1,420,000
Public Record
Dec 4, 2018
$1,124,500
Public Record