
Studio City, California 91604
This Turnkey Condominium represents a Strong Value Opportunity, listed at $524,998—positioned above the $491,779 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring modern kitchen cabinetry, updated appliances, and a fully renovated bathroom. Located in the prestigious Colfax Meadows, residents enjoy a private patio and serene courtyard views. With proximity to top-rated schools like Warner Avenue Elementary, this residence provides a refined lifestyle for first-time buyers or professional commuters seeking a move-in ready sanctuary in Studio City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4311 Colfax Subject | $499,000* List Price | 1 | 1 | 778 | $622 | - |
A 4211 Arch 103 Sold | $600,000 | 2 | 2 | 920 | $652 | 0.9 mi |
B 12416 Moorpark Street A Sold | $635,000 | 2 | 2 | 916 | $693 | 0.9 mi |
C 4128 Whitsett 101 Active | $640,000 List Price | 2 | 2 | 950 | $674 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the unit features clear interior renovations likely completed within the last 5-15 years. The kitchen has updated cabinetry and appliances, and the bathroom has been fully modernized with contemporary tiling, a new vanity, and a walk-in shower. The property appears well-maintained and move-in ready.
Elementary School: Warner Avenue Elementary School (9/10).
Situated in the highly coveted Colfax Meadows neighborhood, this property offers exceptional proximity to major film studios, Tujunga Village, and the premium dining and shopping destinations along Ventura Boulevard.
The residence features a private patio and is nestled within a lushly landscaped community with garden walkways and water features, providing a rare sense of serenity in a vibrant urban environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 778, other record living area = 1608. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
Constructed in 1976, the building may require more intensive ongoing maintenance or future capital improvements compared to newer condominium developments in the area.
At 778 square feet with only one bedroom, the property offers limited flexibility for buyers needing a home office or additional guest space, potentially narrowing the pool of interested parties.
Beautiful and well-kept 1-bedroom condo located in the highly desirable Colfax Meadows neighborhood of Studio City, just minutes from Tujunga Village, Ventura Blvd, cafés, shops, and major studios. This bright unit features an open living area, updated finishes, a spacious bedroom, generous storage, and a private balcony. The gated community offers secure entry, assigned parking, and on-site laundry. Seller will deliver the unit vacant. Tenant will vacate with proper 60-day notice upon acceptance. A rare opportunity to own in one of Studio City’s most sought-after pockets at an exceptional value.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 7% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 778 | 1,383 | 4% |
| Lot Size | 30,430 | 17,510 | 75% |
| Price | $499.0K | $795.0K | 4% |
| Price per sq ft | $641 | $595 | 68% |
| Built year | 1976 | 1989 | 21% |
| HOA | $368.0 | $648 | 7% |
| Days on market | 30 | 139 | 4% |
May 24, 2026
$499,000
$524,998
-5% Price Drop
Initial Listing
May 7, 2026
$524,998
Initial Listing
Sep 25, 2012
$330,000
Public Record
Jan 8, 2003
$295,000
Public Record
Mar 17, 1999
$169,000
Public Record