5232 Corteen Place 20, Los Angeles, California 91607, Los Angeles, 91607 - 2 bed, 2 bath
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5232 Corteen Place 20
Los Angeles, California 91607
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,060Sq Ft
38,366Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$488,864
SUMMARY
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $475,000—positioned well below the $487,757 Fair Market Value by 2%. This valuation gap offers $12,757 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a fully remodeled kitchen and spa-inspired bathrooms. Located near Top-Rated Schools like North Hollywood Senior High, this residence is an ideal fit for first-time buyers or owner-occupants seeking a modern, stress-free lifestyle in Studio City.
Estimated Market Value
$488,864
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5232 Corteen Place 20 Subject 2 bd · 2 ba · 1,060 sqft · $461 | $475,000* List Price | 2 | 2 | 1,060 | $461 | - |
A 5257 Radford Ave Sold 2 bd · 2 ba · 958 sqft · $558 · 0.5 mi | $535,000 | 2 | 2 | 958 | $558 | 0.5 mi |
B 12720 Burbank Boulevard 121 Sold 2 bd · 2 ba · 1,154 sqft · $390 · 0.7 mi | $450,000 | 2 | 2 | 1,154 | $390 | 0.7 mi |
C 12310 Burbank 13 Active 2 bd · 2 ba · 1,011 sqft · $554 · 0.4 mi | $560,000 List Price | 2 | 2 | 1,011 | $554 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end remodel within the last 5 years. It features a modern kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms with designer finishes (including a steam shower), newer windows, and updated flooring throughout, making it move-in ready with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features a fully remodeled kitchen with quartz countertops and spa-like bathrooms, including a glass-enclosed steam shower, offering a turn-key luxury experience.
- Prime Studio City Location
Ideally situated near Ventura Boulevard and the NoHo Arts District, providing residents with easy access to top-tier dining, shopping, and major entertainment hubs like Universal Studios.
- Top-Floor Privacy & Convenience
As a top-floor residence with an in-unit washer and dryer, the home offers enhanced privacy, quiet living, and the rare convenience of private laundry facilities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38366, other record lot size in square feet = 38432.
- High Monthly HOA Dues
The association fee of $619 per month is relatively high compared to the listing price, which may impact the overall monthly affordability for some buyers.
- Lack of Scenic Views
The property is officially listed as having no views, which might be a drawback for buyers seeking the aesthetic appeal of the surrounding Los Angeles landscape.
About 5232 Corteen Place 20
Welcome to this beautifully upgraded top-floor 2-bedroom, 2-bathroom home in the heart of Studio City. Bright and inviting, the residence features newer windows, updated flooring, and a stylishly remodeled kitchen with quartz countertops, sleek stainless steel appliances, recessed lighting, designer backsplash, and abundant cabinet space. Both bathrooms have been thoughtfully remodeled with modern, high-end finishes. The primary suite offers a luxurious spa-inspired bathroom with dual vanities, beautiful stone flooring, and a glass-enclosed steam shower.Both bedrooms are generously sized with excellent closet space. One of the home's standout conveniences is the in-unit washer and dryer, offering the privacy and convenience of doing laundry from the comfort of home without shared facilities. Ideally located near Ventura Boulevard, Studio City, Sherman Oaks, the NoHo Arts District, restaurants, shopping, grocery stores, and major freeways. Just minutes from Universal Studios and Burbank, this fully remodeled home combines modern comfort, quality upgrades, and an exceptional location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 38,366 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $619.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.4 mi
7/10
John B. Monlux Elementary School
Grades K-5 • 1.1 mi
6/10
Lankershim Elementary School
Grades K-5 • 1.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,060 | 1,252.996 |
| Lot Size | 38,366 | 26,029.603 |
| Price | $475.0K | $778.5K |
| Price per sq ft | $448 | $629 |
| Built year | 1962 | 1981 |
| HOA | $619.0 | $676 |
| Days on market | 56 | 74 |
Pricing History
Listed for Sale
Sep 14, 2026
$475,000
Initial Listing
Sold
May 16, 2017
$450,000
Public Record
Sold
Jul 26, 2016
$301,000
Public Record
Sold
Aug 26, 2010
$181,500
Public Record
Sold
Nov 25, 1998
$65,000
Public Record