
Valley Village, California 91607
This Turnkey Residential Sanctuary is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,429,486 Fair Market Value by 5%. This valuation gap offers $80,486 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a Wolf/Sub-Zero kitchen, spa-caliber bathrooms, and a private deck with hot tub. With ADU potential in the garage and proximity to top-rated schools, this is an ideal acquisition for Owner-Occupants or savvy investors seeking a high-end, future-proofed asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5518 Carpenter Avenue Subject | $1,349,000* List Price | 3 | 3 | 1,681 | $850 | - |
A 5420 Morella Avenue Sold | $1,600,000 | 3 | 4 | 1,871 | $855 | 0.1 mi |
B 5635 Radford Sold | $1,400,000 | 4 | 3 | 1,775 | $789 | 0.2 mi |
C 11855 Tiara Street Sold | $1,380,000 | 3 | 3 | 1,863 | $741 | 0.4 mi |
D 12540 Albers Street Sold | $1,600,000 | 3 | 3 | 1,816 | $881 | 0.9 mi |
E 5618 Saint Clair Avenue Sold | $1,415,000 | 3 | 3 | 2,204 | $642 | 0.5 mi |
F 11700 Huston Street Sold | $1,505,000 | 3 | 3 | 1,931 | $779 | 0.8 mi |
G 11750 Hatteras St Sold | $1,125,000 | 3 | 2 | 1,379 | $816 | 0.3 mi |
H 5415 Carpenter Avenue Sold | $1,275,000 | 3 | 2 | 1,306 | $976 | 0.1 mi |
I 5515 Hermitage Active | $1,370,000 List Price | 3 | 2 | 1,649 | $831 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1941, the property has undergone a comprehensive, high-end renovation within the last 5 years. It features a 'masterfully reimagined' interior with a Wolf/Sub-Zero kitchen suite, luxury bathrooms with TheraSol steam showers and Toto fixtures, and significant system upgrades including a new 220-amp electrical panel, Tesla EV charger, and all-new dual-pane windows.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7832, living area = 1681.
The residence features a high-end turnkey renovation including a full Wolf appliance suite, Sub-Zero refrigeration, wide-plank engineered oak flooring, and spa-caliber bathrooms with TheraSol steam showers and Toto fixtures.
Set on a generous 7,832 square-foot lot, the property offers a secluded sanctuary with mature olive and ficus trees, a four-person outdoor spa, and an expansive deck, providing rare privacy for the area.
At 1,681 square feet for a three-bedroom home, the interior footprint may feel somewhat constrained for families or buyers accustomed to the larger open-concept scales of modern new constructions.
Despite the masterful reimagining, the 1941 original structure retains a galley-style kitchen layout which may not appeal to buyers seeking a more expansive, modern chef's island configuration.
Welcome to 5518 Carpenter Ave, your new private zen-inspired sanctuary surrounded by luscious olive trees, a masterfully reimagined turnkey residence appointed with luxury amenities at every turn, nestled on one of Valley Village's most tranquil streets just minutes from Studio City, the NoHo Arts District, the Hollywood Hills, top-rated schools, places of worship, and the very best of Los Angeles living. Begin each morning choosing your own private ritual: a four-person outdoor spa, a TheraSol steam shower, or simply the unhurried peace of a fully enclosed retreat that the rest of Los Angeles cannot offer at this price. This graceful residence perfect for an ADU above the garage sits on an approximately 8,000 square-foot lot, offering a rare sense of seclusion without surrendering a single convenience. Three spacious bedrooms, three baths, and an open-concept layout flow with effortless sophistication throughout. Wide-plank engineered oak hardwood flooring every room with warmth and intention, while all-new black-frame dual-pane windows and motorized skylights flood the interiors with natural California light. The redesigned galley kitchen is the social heart of the home, appointed with custom cabinetry and a full Wolf appliance suite including an in-island slide-out Wolf microwave, newer Wolf range, dishwasher, and Sub Zero refrigerator. Just off the kitchen, a discreet third bathroom offers effortless convenience for rinsing off after a dip in the spa, the kind of detail that separates a well-designed home from a truly considered one. The reimagined bathrooms are sanctuaries in their own right: Toto toilets throughout, crisp white subway tile with black grout, a Toto bidet in the primary, seamless linear drains, dual shower heads, malibu tiles and Delta champagne bronze hardware at every turn. The guest bathroom offers a dedicated freestanding soaking tub paired with a TheraSol steam shower that transforms the daily ritual into something altogether indulgent. A dedicated laundry room with newer large-drum units completes the picture. Step outside and the California lifestyle unfolds in full beneath stunning open skies. A four-person hot tub with its own subpanel and an expansive rear deck provide a private, resort-caliber stage for gatherings of any scale. Mature ficus trees create a lush perimeter of privacy, while a producing orange tree and three olive trees complete the landscape with quiet Mediterranean elegance. A fully outfitted home gym occupies the garage, with a Tesla EV charger, 220-amp power panel, and newer insulation ensuring the home performs as precisely as it presents. The garage also offers future potential to transform into an additional dwelling unit above. Minutes to the 170, 101, 134, and 210 freeways, Universal Studios, Warner Bros., Netflix, Disney Studios, the Chandler bike path, Redline subway, Burbank Airport, Whole Foods, Trader Joe's, Sprouts, Costco, Equinox, Orangetheory, and 24 Hour Fitness. Own a piece of the future. District NoHo, a $1 billion master-planned urban village at Lankershim and Chandler, and Metro's NoHo to Pasadena Bus Rapid Transit line, targeted for the 2028 Summer Olympics, are reshaping this neighborhood for a generation.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,681 | 2,204 |
| Lot Size | 7,832 | 7,802 |
| Price | $1.35M | $1.67M |
| Price per sq ft | $802 | $795 |
| Built year | 1941 | 1954 |
| HOA | $0 | $0 |
| Days on market | 13 | 46 |
Jul 9, 2026
$1,349,000
Initial Listing
Jan 12, 2022
$1,500,000
Public Record
May 13, 2019
$901,000
Public Record
Jun 13, 2006
$790,000
Public Record
Oct 3, 1997
$247,000
Public Record
Feb 24, 1997
$80,000
Public Record