THE WEEK IN STUDIO CITY REAL ESTATE FOR THE WEEK ENDING NOVEMBER 23, 2014

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 11/23/2014.  For details on last week's real estate sales, click here.


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Active Homes for Sale in Studio City: 70 (down from 67) - prices ranging from $599,000 to $5,999,000

  • 3 luxury homes for sale (over $3,000,000) - average cost per foot:  $676 
  • 15 homes for sale between $2 to $3 million - average cost per foot - $601

Pending Home Sales:  31 (down from 37)  prices ranging from $399,000 to $2,588.000

  • Average cost per foot on pending home sales:  $529()
  • 3 pending home sales from $2 to $3 million - Average cost per foot:  $544 (↓)

5 sold listings (down from 6 last week):

  • Average cost per foot for sold listings: $502 (↓)
  • Average days on market/sold listings: 43 (↓)

 

MLS#:SR14176753

MLS#:SR14176753

4219 BlueBell Ave, Studio City

Sales Price:  $2,700,000

Days on Market:  91

Cost per foot:  $546

New Construction 4,954 sqft gem home entails 5 bedrooms / 6 bathrooms / Den / Office and 8,942 lot size. All of this just steps from Weddington Golf and Tennis, Ventura Blvd, shops, restaurants, etc! Gourmet kitchen features, custom cabinetry, Viking appliances, custom Calcutta and Armani carrara Marble, two dishwashers, temperature regulated walk-in wine room.  Expansive formal entertainment room opens to a large covered patio creating indoor/outdoor living space., secluded backyard includes a sea/salt-heated Pool/Jacuzzi and a built-in BBQ. All bedrooms include a separate full bath. 


MLS#:14-789917

MLS#:14-789917

12713 Milbank, Studio City

Sales Price:  $1,999,000

Days on Market:  30

Cost per foot:  $476

East Coast-inspired 5 bed/5 bath Cape Cod craftsmanship. Main level with guest bedroom, a private office and guest powder room. Upstairs 4 large bedrooms, including the master with  free-standing tub and rain shower, dual sinks, separate vanities and two custom closets. Master bedroom opens to a large, private patio overlooking the  pool/spa. 


MLS#:SR14226034

MLS#:SR14226034

4527 Morella, Studio City

Sales Price:  $1,130,000

Days on Market:  10

Cost per foot:  $505

Large flat lot - approximately 9900 square feet with 75 foot frontage. Great builder opportunity - existing home is a fixer with charm from the late 1930s.


MLS#:SR14226492

MLS#:SR14226492

13010 Greenleaf, Studio City

Sales Price:  $909,500

Days on Market:  26

Cost per foot:  $457

2 bed/2 bath  plus den in great neighborhood. Original kitchen is retro and chic - needs updating but tucked away in a quiet hillside location.


MLS#:WS14206897

MLS#:WS14206897

12439 Kling Studio City

Sales Price:  $630,000

Days on Market:  57

Cost per foot:  $478

2 beds/1 bath.  New interior paint, new kitchen cabinets with granite counter top. This is an investment property,