THE WEEK IN STUDIO CITY REAL ESTATE FOR THE WEEK ENDING DECEMBER 14, 2014

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 12/14/2014.  For details on last week's real estate sales, click here.


Active Homes for Sale in Studio City: 76 (up from 74) - prices ranging from $599,000 to $5,799,000

  • 3 luxury homes for sale (over $3,000,000) - average cost per foot:  $665 (↓), average days on market:  103 ()

  • 15 homes for sale from $2 to $3 million - average cost per foot - $613 (), average days on market:  72 ()

Pending Home Sales:  24 (down from 30)  prices ranging from $399,000 to $1,895,000

  • Average cost per foot on pending home sales:  $526 ()

5 sold listings (up from 2 last week):

  • Average cost per foot for sold listings: $433 (down)
  • Average days on market/sold listings: 68 (up)

MLS#:SR14182539

MLS#:SR14182539

11527 Dona Dolores Place, Studio City

Sales Price:  $2,490,000

Days on Market:  108

Cost per foot:  $465

6 beds/8 baths. Modern with sleek simplistic lines that blend elegance with uncomplicated comfort. Custom built in 2010; unobstructed views of mountains beyond & city below. Edgy & inviting exterior, with natural light pouring in from abundant glass doors & windows. Other amenities include 4-zone climate control, dual laundry rooms, & state-of-the-art video surveillance.


MLS#:14-809005

MLS#:14-809005

3658 Willowcrest, Studio City

Sales Price:  $1,300,000

Days on Market:  3

Cost per foot:  $406

3 beds/3 baths. Developers, builders, and prospective homeowners looking for a project, here is a great opportunity to develop an existing 3,200 sq foot property situated on a large 17,894 sq ft lot south of the blvd in prime Studio City. The current owners of this property have approved plans to completely redesign the property (high ceilings, modern style), including adding about 892 sq ft to the existing 3,200 sq ft of living space, bringing the total living sq footage to nearly 4,100 sq ft (6 beds/ 5 baths). The existing home features a large pool, 4 bedrooms 3 baths, guest house, and expansive valley views from the backyard.


MLS#:314030468IT

MLS#:314030468IT

4451 Wortser, Studio City

Sales Price:  $1,170,000

Days on Market:  118

Cost per foot:  $406

4 beds/5 baths.  Built in 1990, some of the many unique features of this home  include Italian marble flooring, Venetian and Velvet paint, bright and spacious kitchen with granite counter tops, Viking appliances, and GE sub-zero, and quaint family nook. Spacious family room with a cozy fireplace leads to the ultimate entertainer's backyard with a built-in barbecue and pizza oven, a fire-pit, waterfall, and a pool & spa.


MLS#:SR14203598

MLS#:SR14203598

3931 Berry Drive, Studio City

Sales Price:  $730,000

Days on Market:  81

Cost per foot:  $403

3 beds/3 baths. 1930's updated Spanish just south of the Blvd in the Studio City hills. This renovated home features a grand sized living room and 3 separate bedroom suites with private baths that have all been remodeled. An open kitchen/family room/dining area with fireplace anchors the home and offers access to the rear patio and outside tree shaded dining area. An upper pad is ideal for future garden, play area or dog run. Hardwood floors in most rooms and no carpeting. 


 MLS#:SB14131141

 MLS#:SB14131141

3876 Reklaw, Studio City

Sales Price:  $615,000

Days on Market:  29

Cost per foot:  $449

2 beds/2 baths. Studio City hillside home with Valley Views and Pool. Just a short stroll to Carpenter Avenue School and to Ventura Boulevard's Restaurants and Shops. With a little TLC and imagination this home has great potential. This property will be sold 'As-Is'. Seller will not do any repairs, inspections, or termite work.