Studio City Market Recap - Week Ending April 12, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 4/12/2015.  For details on last week's real estate sales, click here.

Active Homes for Sale in Studio City: 66 (up from 52) - prices ranging from $889,000 to $6,000,000

  • Median price:  $1,799,975
  • Average days on market:  42(↓) ;  average cost per foot:  $589 (↓)
  • 5 luxury homes for sale over $3,000,000; average cost per foot: $829 (↑), average days on market: 29 (↓)
  • 15 homes for sale from $2 to $3 million - average cost per foot - $613 (↑), average days on market:  49 (↓)

Pending Home Sales:  52 (down from 61)  - prices ranging from $399,000 to $2,850,000

  • Average cost per foot on pending home sales:  $544 (↑)
  • Average days on market on pending homes: 71 (↓)

11 Sold Listings (up from 8 last week):

  • Median Price: $1,299,000 (↑)
  • Average days on market:  35 ()
  • Average cost per foot:  $537 ()

11262 Laurie Drive, Studio City

Sales Price:  $2,630,500

Days on Market:  40

Cost per foot:  $721

4 beds/4 baths. Big views from almost all rooms, saltwater pool & spa, grassy yard, architecture, high ceilings, premium finishes, bright & happy. Remodeled with understated elegance by noted designer. Features include: family room, library, master retreat with huge closets, high end kitchen (Wolf, Subzero, etc.), 3 wood burning fireplaces, real oak floors, wooden dual paned windows & doors, attached oversized garage with direct access to the house, huge steam shower, spa tub, lush backyard, pool & spa. 5 zones of HVAC, heated patios, convertible patio cover for sun or shade. Copper plumbing, 200A electrical, skylights. 


3649 Berry Drive, Studio City

Sales Price:  $2,050,000

Days on Market:  47

Cost per foot:  $633

4 beds/4 baths.  Stunning architectural in the Studio City hills. Views of spectacular city lights or the tranquility of the canyon and trees from every room. Designed by Jay Vanos AIA and newly built (2010). This home features an open floor plan, vaulted truss ceilings, great natural light, bamboo wood floors, downstairs den/playroom, 3 car garage, grassy yards. Private master suite. Lushly landscaped ¼ mile hiking trail. Designed and built with room for a pool-plans are included.


4150 Kraft Ave., Studio City

Sales Price:  $1,885,000

Days on Market:  8

Cost per foot:  $608

5 beds/5 baths.  East Coast Traditional Masterpiece with the perfect amount of modern touch. Full of Character in one of the most prestigious streets in the highly sought after "Colfax Meadows" named by Los Angeles Magazine as One of the Ten Best Neighborhoods in L.A.  Carpenter School District and walking district to Tujunga Village.


3060 Dona Susana Drive, Studio City

Sales Price:  $1,600,000

Days on Market:  35

Cost per foot:  $518

3 beds/3 baths.  3000+ square foot contemporary fixer located on one of the highly desirable "Dona" streets of the Studio City/Hollywood Hills. Open plan living and clean lines are complemented by tasteful finishes and a thoughtful floor plan. 


12437 Rye St., Studio City

Sales Price:  $1,360,000

Days on Market:  46

Cost per foot:  $542

4 beds/4 baths. Newly remodeled traditional yet modern home features a spacious, open and airy floor plan.  Home includes 2-separate master bedrooms with private entrances. Luscious green backyard. 


4327 Babcock Ave, Studio City

Sales Price:  $1,299,000

Days on Market: 33

Cost per foot:  $442

5 beds/3 baths. Mediterranean in prime location near golf course, Studio City library and Beeman Park. Private Backyard with Pool, Spa, Lawns & Gardens. Over-Sized Family room off the kitchen with french doors to large Patio with retractable Awning. Direct access garage is fully furnished.  Master Features Vaulted Ceilings, Fireplace, and Bath with Jacuzzi Tub & Shower & a Relaxing Outdoor Patio/Balcony Over looking the Rear Yard & Pool.


11783 Laurelcrest Drive, Studio City

Sales Price:  $1,218,000

Days on Market: 25

Cost per foot:  $542

2 beds/2 baths.  Contemporary situated at the end of a cul-de-sac, perched in the quiet Studio City hills, with great views. High windows and ceilings from the formal front entry expanding through the living and dining rooms. Den with impressive large stone wood burning fireplace reaching to the ceiling. Private Master bedroom suite that oversees trees and valley. 2nd bedroom is very large with lots of storage. Kitchen with eat in area and glass doors leading to patio. Serene wood deck overseeing tree lined property and second sizable patio off of den.


4070 Wilkinson Ave, Studio City

Sales Price:  $1,200,000

Days on Market:  4

Cost per foot:  $376

3 beds/3 baths.  Great opportunity to own a home in the very desirable Carpenter Community Charter School District of Studio City & in the much desired Footbridge Square neighborhood. Lot is approximately 7000 sq ft. 


2921 Dona Susana Drive, Studio City

Sales Price:  $1,165,000

Days on Market:  67

Cost per foot:  $538

3 beds/2 baths.  Cul-de-sac home located in one of the most desirable neighborhoods south of the boulevard in the Donas in Studio City. Hardwood floors, French doors, recessed lighting, a family room off the kitchen with valley views. Gourmet kitchen has granite counters, a skylight and stainless steel appliances. Bright open floor plan,  Big private backyard with pool and spa.


4511 Simpson Ave, Studio City

Sales Price:  $1,095,000

Days on Market:  60

Cost per foot:  $450

4 beds/4 baths.  Completely redone Traditional home on a tree-lined street with exceptional curb appeal. Open floor plan features top of the line gourmet kitchen.  Light filled living spaces and beautiful original architectural details. Over-sized Master Suite includes a sitting area, a spa-like bath with large walk in closets ,and French doors that open up to the yard. Tranquil backyard with gazebo-covered spa and outdoor kitchen with state of the art BBQ, refrigerator,and sink.


11533 Sunshine Terrace, Studio City

Sales Price:  $885,000

Days on Market: 23

Cost per foot:  $458

3 beds/4 baths.  A house with charm, privacy and picturesque views, south of the boulevard, great for developers. Chateau style fixer with a secluded front yard High exposed wood beam ceilings, tile floor, granite counters and stainless appliances in the kitchen. Master bedroom suite with huge walk-in closet and oversized window boasting view of city lights and hills. Huge family room with wall of windows.  Property can be accessed through street below or main entrance on Sunshine. Carpenter school district. 


20 New Listings in Studio City this week