Studio City Real Estate Market Recap - Week Ending June 28, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 6/28/2015.  

Active Homes for Sale in Studio City: 87 (down from 89) - prices ranging from $715,000 to $4,900,000

  • Median price:  $1,797,000 (↑)
  • Average days on market:  50 (↓) ;  average cost per foot:  $584 (↓)
  • 6 luxury homes for sale over $3,000,000

Pending Home Sales: 59 (down from 62)  - prices ranging from $450,000 to $3,795,000

  • 10 new pending sales last week (7 last week)

7 Sold Listings (down from 8 last week):

  • Median Price: $1,027,500 (last week: $1,361,500)
  • Average days on market:  53 (↓)
  • Average cost per foot:  $560(↓)

7 Sold Listings Last Week

4515 Ben Ave. Studio City

Sales Price:  $2,500,000

Days on Market: 58

Cost per foot:  $491

5 beds/6 baths. Traditional with Impressive high ceilings and gorgeous woodwork details allow for grand scale entertaining with 8ft doors. All bedrooms are en-suite, culinary kitchen complete with large center island and Viking appliances. Saltwater pool/spa, with water feature and rainbow lighting. Low maintenance backyard with grass turf; over 5,000 sq ft of living space and 10,129 sq ft lot. 

3803 Laurel Canyon Blvd. Studio City

Sales Price:  $1,200,000

Days on Market: 39

Cost per foot:  $526

4 beds/3 baths.  Warm and inviting family home in "The Silver Triangle", one of Studio City 's most desirable neighborhoods. Built in 2000, on a corner lot, very private with high hedges, and usable yard in both front and back. Step through the front doors to a hidden gem - vaulted ceilings and an open living room and dining room full of natural light. Close to shops, restaurants and the highly acclaimed Carpenter Elementary School.

12035 Pacoima Court. Studio City

Sales Price:  $1,050,000

Days on Market: 39

Cost per foot:  $786

2 beds/1 baths.  Charming, newly remodeled 2 bedroom, tucked away and gated South of the Boulevard home with grassy front yard and open floor plan. Hardwood floors, skylights, recessed lighting and French doors throughout. This house is on a cul-de-sac and close to shopping, restaurants and walking distance to Carpenter School. 

4419 Wortser. Studio City

Sales Price:  $1,027,500

Days on Market: 14

Cost per foot:  $439

4 beds/3 baths.  Contemporary home features including a hotel-like master suite, cook's open-kitchen and spacious family room, that links directly to the beautiful patio, private pool and waterfall spa. Updated systems, direct access finished garage, private deck and custom landscaping. Close to Ventura and Fashion Square in the desirable Dixie Canyon Charter School District.

12442 Laurel Terrace Drive. Studio City

Sales Price:  $1,000,000

Days on Market: 101

Cost per foot:  $596

3 beds/3 baths. Remodeled home with views is south of Ventura Blvd in the coveted "Silver Triangle" area of Studio City and the award winning Carpenter School district. Updated kitchen, new hardwood floors and new large windows that allow plenty of natural sunlight. There is a roof top deck with great views that is perfect for entertaining and barbequing. Beautiful terraced garden and a hot tub to enjoy the sparkling city lights. 

3501 Laurel Canyon. Studio City

Sales Price:  $835,000

Days on Market: 43

Cost per foot:  $719

4 beds/2 baths.  Huge 55,320 sq. ft. lot. This is a complete fixer/tear down and includes a Olympic size swimming pool that is in need of repair.  Lot is very secluded and protected from some street noise by being located about 100 feet back from the Street. Narrow driveway allows access to the property. 

13006 Ventura Blvd. Studio City

Sales Price:  $926,000

Days on Market: 76

Cost per foot:  $680

2 beds/2 baths. Character house with lots of charm and many unique features. Designed by architect Robert Byrd in 1939. Vaulted wood ceilings in the convertible den. 2 fireplaces. Wood ceilings in formal dine. Dormer windows in the bedroom. Cosmetic fixer as mostly original condition. Large lot for expansion or build brand new. 7,873 foot lot and set back off Ventura.

10 New Listings Last Week in Studio City