
Studio City, California 91604
This Single Family Residence Fixer is a strategic asset in Studio City, listed at $1,300,000. With a $1,207,507 Fair Market Value, the property requires a substantial capital injection to remediate its Condition Score of 5. The primary value-add potential lies in the expansive 13,007 Sq Ft Lot, offering significant room for luxury redevelopment within the Los Angeles Unified district. Situated near top-rated Warner Avenue Elementary, the property’s unconventional 2-bedroom, 4-bathroom layout is a prime candidate for a high-ROI modernization. This is a targeted acquisition for Fix-and-Flip Investors and Experienced Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4132 Vanetta Subject | $1,300,000* List Price | 2 | 4 | 2,048 | $590 | - |
A 3536 Laurel Canyon Sold | $1,490,000 | 4 | 3 | 2,223 | $670 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, the property is explicitly described as needing 'a lot of work' and is marketed as an investor opportunity. The listing indicates that extensive repairs and a substantial capital injection are required for habitability and modernization, suggesting significant deferred maintenance and outdated systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13007, living area = 2048.
Elementary School: Warner Avenue Elementary School (9/10).
Located in the highly desirable Studio City neighborhood, this property offers significant upside potential for experienced investors looking to renovate or redevelop in a high-demand market.
The property is noted to need a significant amount of work, implying it is in poor condition and will require a substantial capital injection for habitability and modernization.
The current configuration of only 2 bedrooms for over 2,000 square feet of living space and 4 bathrooms is inefficient and likely requires a costly layout reconfiguration to appeal to traditional buyers.
Welcome to 4132 Vanetta Place in Studio City, a 2-bedroom, 4-bath Single Family Residence located in the Los Angeles area. This SFR unit, built-in 1962, features 2048 sq ft of living space. The property needs a lot of work. Good opportunity for an experienced investor. Kindest regards,
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.3 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 6% |
| Baths | 4.0 | 3.0 | 52% |
| Square foot | 2,048 | 2,570 | 31% |
| Lot Size | 13,007 | 8,549 | 79% |
| Price | $1.30M | $2.30M | 5% |
| Price per sq ft | $635 | $948 | 9% |
| Built year | 1960 | 1956 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 163 | 5% |
Mar 4, 2026
$1,300,000
Initial Listing
Nov 19, 2007
$755,000
Public Record