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Key Details
Sold Price $1,625,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $1,092
MLS Listing ID PW24201498
Sold Date 12/09/24
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1937
Lot Size 0.591 Acres
Property Description
**Rare Opportunity in the Mulholland Scenic Corridor of Studio City** – Own over half an acre in this highly desirable location. This Tuscan-inspired home features 2 bedrooms, 1.5 baths, and a detached office/guest house (permitted as a 1-car garage) with breathtaking panoramic views of the mountains and city, surrounded by nature and frequent deer sightings. Located on the coveted north side of Berry Drive, the property feeds into the award-winning Carpenter Community Charter School. A winding private driveway offers an exclusive retreat, providing a tranquil escape from city life while just minutes away from the trendy restaurants and shopping on Ventura Boulevard.
For builder-developers, this property presents vast potential to create a luxurious private oasis, in line with nearby multi-million-dollar estates. Beneath the main house lies a hidden gem—an expansive 900+ sq ft storage area with 10-ft ceilings, exposed wooden beams, electrical and plumbing at the ready, offering exciting possibilities for creative renovation. The generous lot size allows for preserving the current home while adding one or more additional residences.
The home has a remodeled kitchen featuring stainless steel appliances, granite countertops and skylights. Other upgrades include 220V electrical panel, a tankless water heater, and a newer sewer line with two cleanout locations. The homeowners previously secured approved expansion plans for over 1,200 sq ft of additional living space and invested significantly in foundational improvements, including 21 caissons anchored into the bedrock and a retaining wall beneath the home. Buyers and investors may choose to work with the City and local design committee to renew the expired plans, offering the chance to significantly expand the property’s footprint.
All prospective buyers are encouraged to consult with qualified professionals regarding current permit requirements and personalizing the renovation plans. This is a rare opportunity to own a prime piece of Southern California real estate—schedule your private showing today!
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning LARE15
Rooms
Main Level Bedrooms 2
Interior
Interior Features Beamed Ceilings, Separate/Formal Dining Room, High Ceilings, Recessed Lighting, Walk-In Closet(s)
Cooling None
Flooring Carpet, Concrete, Stone, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
Laundry Outside
Exterior
Parking Features Converted Garage, Concrete, Driveway Down Slope From Street, Driveway, Gravel, Paved, Private, Shared Driveway, Uncovered, Unpaved
Pool None
Community Features Mountainous, Street Lights
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Mountain(s), Panoramic
Accessibility Parking
Porch Open, Patio, Stone
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Sloped Down, Front Yard, Gentle Sloping, Landscaped, Secluded, Yard
Story 1
Entry Level Multi/Split
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Multi/Split
New Construction No
Construction Status Fixer
Schools
Elementary Schools Carpenter
Middle Schools Walter Reed
High Schools North Hollywood
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2378018039
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Pay Points, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner Pay Points, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Stefan Pommepuy • The Agency
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935