4216 Ethel Ave Apt 5, Studio City, California 91604, Studio City, 91604 - 2 bed, 2 bath
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Studio City, California 91604
This Stylish Three-Level Townhouse represents a Strong Value Opportunity, listed at $755,000—positioned well below the $793,246 Fair Market Value by 4%. This valuation gap offers $38,246 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile Lower-Level Bonus Room. Located in the Los Angeles Unified district near top-rated schools, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a flexible, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4216 Ethel Ave Apt 5 Subject | $755,000* List Price | 2 | 2 | 1,539 | $515 | - |
A 4325 Whitsett Sold | $689,000 | 3 | 3 | 1,680 | $410 | 0.7 mi |
B 4332 Coldwater Canyon Avenue 3 Sold | $810,000 | 2 | 3 | 1,617 | $501 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974 but shows evidence of a comprehensive renovation within the last 10-15 years. The unit features modern laminate flooring, recessed lighting, and granite countertops in the kitchen. While some fixtures like the bathroom vanity and kitchen cabinetry are not brand new, the property is well-maintained, functional, and move-in ready.
Elementary School: Warner Avenue Elementary School (9/10).
The lower-level bonus room with a private entrance offers exceptional versatility, serving as an ideal home office, creative studio, or guest suite.
Situated in a highly desirable neighborhood, the property provides immediate access to premier dining, shopping, and convenient commuting routes.
The $550 monthly association fee represents a significant recurring cost that may impact the overall affordability for budget-conscious buyers.
The property is noted to have no significant views, which may be a drawback for buyers seeking the hillside or city vistas typical of the area.
They say location is everything—but at 4216 Ethel Ave, it’s about how you live. Set in the heart of Studio City, this stylish three-level townhouse offers the space of a home with a modern, low-maintenance lifestyle. The main level features an open, light-filled layout with warm laminate floors and a statement brick fireplace—comfortable for everyday living and easy to entertain in. The dining area flows into a granite kitchen with a bright breakfast nook—perfect for morning coffee or casual meals. Upstairs, two spacious bedrooms provide inviting retreats, including a primary suite with a generous walk-in closet. The second bedroom overlooks a peaceful garden, adding a sense of calm and privacy. A true standout is the lower-level bonus room with its own private entrance. Whether you need a home office, creative studio, gym, or guest space, this flexible area adapts to your lifestyle. And the location delivers—just moments from some of Studio City’s favorite dining, shopping, and fitness spots, with convenient access for commuting. If you’ve been looking for a home that combines comfort, flexibility, and a prime location, this one stands out.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades K-5 • 3.1 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 1,539 | 1,522.5 | 50% |
| Lot Size | 16,366 | 14,900 | 50% |
| Price | $755.0K | $810.0K | 30% |
| Price per sq ft | $491 | $542 | 30% |
| Built year | 1974 | 1974 | 50% |
| HOA | $550.0 | $720 | 30% |
| Days on market | 25 | 126 | 10% |
May 12, 2026
$755,000
Initial Listing
Oct 22, 2019
$590,000
Public Record
May 12, 2005
$390,000
Public Record
Mar 24, 1999
$151,000
Public Record