Studio City Real Estate Market Recap - Week Ending December 6, 2015

Contact || Phone: (323) 481-7353  || Email: DebbiePisaro@gmail.com

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 12/6/2015.  

Active Homes for Sale in Studio City: 80 (up from 76 last week) - prices ranging from $799,000 to $3,950,000

  • Median price:  $1,699,000 
  • Average days on market: 78 (↑);  average cost per foot:  $589 (↑) 
  • 26 homes for sale over $2,000,000
  • 41 price reductions (down from 42 last week)

Pending Home Sales: 40 (46 last week)  - prices ranging from $650,000 to $2,995,000

  • 4 new pending sales last week (up from 3 last week)

11 Sold Listings (up from 8 last week):

  • Median Price: $1,120,0000  (last week: $1,539,750)
  • Average days on market:  50  (↓)
  • Average cost per foot:  $651 (↑)

11 Sold Listings Last Week in Studio City

3728 Berry Drive, Studio City

Sales Price:  $816,000

Days on Market: 78

Cost per foot:  $524

Square feet: 1557;  Beds 2/Baths 1

Special Notes: Cash Only. Investor & Builders. Incredible views. Property has been tagged by the city. Located in the hills of multi-million dollar properties. 

 (↓)


4560 Morella, Studio City

Sales Price:  $875,000

Days on Market: 9

Cost per foot:  $428

Square feet: 2043;  Beds 3/Baths 2

Special Notes: Spanish Style home in the beautiful Landale community of Studio City with a large beautiful grassy gated front yard, this charming house still preserves its original character and charm, with cathedral high ceiling and fire place in the living room. Open floor plan. 


11740 Sunshine Terrace, Studio City

Sales Price:  $896,500

Days on Market: 23

Cost per foot:  $767

Square feet: 1169;  Beds 2/Baths 1

Special Notes: An inviting living room with hardwood floors, fireplace & floor to ceiling windows, vintage style bathroom complete with soaking tub, separate shower. Dining room is open to the living room and kitchen & has crown moldings, built-in shelves and sliding glass doors that lead out to the yard. Updated kitchen w/ recessed lighting, state of the art appliances, granite counter tops.


3904 Blue Canyon Drive, Studio City

Sales Price:  $927,500

Days on Market: 4

Cost per foot:  $580

Square feet: 1600;  Beds 3/Baths 2

Special notes:  Master suite, with bay window, provides views of the Valley & sliding doors that lead to a private deck area. Kitchen boasts granite counters, beautiful wood cabinetry, stainless steel appliances & travertine floors. Dining area that opens to the kitchen, has sliding doors leading out to an inviting patio area, ideal for entertaining & relaxing in the above ground hot tub. 


12530 Kling St, Studio City

Sales Price:  $980,000

Days on Market: 160

Cost per foot:  $613

Square feet: 1600;  Beds 2/Baths 2

Special Notes: Traditional home on a rare 10,000+ sq/ft lot with spacious den currently being used as a third bedroom and extended playroom. Charm and character  throughout with custom built in bookshelves, wainscoting, cove ceilings, window seat in kitchen, hardwood floors and crown molding. Ample storage, laundry room, and two car garage with additional office or storage room. 


4103 Wilkinson, Studio City

Sales Price:  $1,120,000

Days on Market: 93

Cost per foot:  $531

Square feet: 2108;  Beds 4/Baths 3

Special Notes: Updated Traditional with Tuscan influences in the Studio City footbridge square neighborhood, and located in the desirable Carpenter Elementary district, Highlighted by arched doorways, crown moldings, stone flooring and custom light fixtures, the flexible floor plan is fantastic for both intimate and large gatherings, low maintenance grounds are completed by a huge patio.


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12040 Laurel Lane, Studio City

Sales Price:  $1,150,000

Days on Market: 2

Cost per foot:  $766

Square feet: 1501;  Beds 3/Baths 2

Special Notes: Bold and refined take on the traditional home.  a completely rebuilt home, balanced layout, enormous deck with large sunken bench seating and zero edge black bottom pool. Rejuvenation Hardware, Watermark, Buster & Punch,School House Electic Co.,are just a few landmark companies which have aided in the design of this home. Wide plank oak farm floors.


4359 Kraft Ave, Studio City

Sales Price:  $1,160,000

Days on Market: 10

Cost per foot:  $868

Square feet: 1336;  Beds 3/Baths 1

Special Notes:  An extraordinarily rare & valued opportunity awaits to build that bigger house with this R2 ZONED LOT in coveted Colfax Meadows, in the award winning Carpenter Community Charter School District.


11533 Dilling, Studio City

Sales Price:  $1,950,000

Days on Market: 76

Cost per foot:  $928

Square feet: 2101;  Beds 3/Baths 3

Special Notes: Prime development opportunity in coveted Colfax Meadows, 15,000 square foot corner lot has estate-size potential and possibility of being sub-divided. Located on one of the most beautiful tree-lined streets.


4247 Camellia Ave, Studio City

Sales Price:  $2,401,000

Days on Market: 10

Cost per foot:  $628

Square feet: 3821;  Beds 5/Baths 6

Special Notes: Brand new construction in Colfax Meadows. East Coast traditional with all of the ingredients for upscale living. Lush yard with oak tree, covered patio, grilling station and pool with waterfall.  


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12134 Hollyglen Place, Studio City

Sales Price:  $2,570,000

Days on Market: 81

Cost per foot:  $532

Square feet: 4830;  Beds 6/Baths 6

Special Notes:  New Construction, East Coast Traditional home located south of Ventura Blvd. in the Silver Triangle. This 6 bedroom, 6 bath home plus office and an amazing fully-equipped 11 seat theatre room. Other amenities include: Smart Home/Control 4-System with iPad docking station, custom cabinetry, wood work, wainscoting, crown moldings, tile work, and security system with 8 cameras. This home has a walk score of 80 and is close to many trendy shops and restaurants.


8 New Listings Last Week in Studio City