
12023 Laurel Lane, Studio City, CA 91604
12023 Laurel Lane, Studio City, CA 91604
Property Description
ADDITIONAL $100,000 PRICE REDUCTION! CURRENT APPRAISAL AT $2.2 MILLION! An exceptional opportunity to own a custom-built architectural residence tucked away on a peaceful cul-de-sac in one of Studio City’s most sought-after neighborhoods. With a current appraisal at $2.2 million, this newly reduced property offers buyers a compelling opportunity to purchase a substantial Studio City home at an outstanding value. Designed and custom built with quality in mind, the residence showcases impressive scale, distinctive architecture, and craftsmanship rarely found in today’s construction. From the moment you arrive, clean contemporary lines, a dramatic entry, and beautifully manicured grounds create a memorable first impression. Inside, soaring ceilings, exposed beam details, oversized rooms, abundant natural light, and thoughtfully designed living spaces provide the perfect balance of grandeur and comfort. The expansive floor plan is ideal for everyday living and entertaining, with generous proportions and custom details throughout. Its architectural integrity and quality construction also provide an incredible canvas for a buyer who wants to personalize the home over time. The impressive primary suite is a true retreat, featuring dramatic vaulted ceilings with exposed beams, a fireplace, and exceptional scale rarely found in newer homes. Outdoor living is equally inviting. The beautifully landscaped backyard offers a private sanctuary surrounded by mature greenery, expansive entertaining areas, and covered patio spaces for year-round enjoyment. The setting provides privacy, tranquility, and quintessential Southern California indoor-outdoor living. Located in the heart of Studio City, Laurel Lane offers peaceful residential living just moments from Ventura Boulevard’s renowned restaurants, shopping, cafés, and entertainment, and is within walking distance of award-winning Carpenter Community Charter School. With an additional $100,000 price reduction and a current $2.2 MILLION APPRAISAL, this is a tremendous opportunity for buyers seeking architectural character, generous living space, quality construction, privacy, and long-term value in Studio City. Exceptional value, exceptional scale, and a prime Studio City location!
Features & Amenities
Property Details
Mortgage Calculator
Current Rates
Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Studio City · Single Family Residence
Listed 4.7% below the median closed sale of $1,987,500. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4040 Cartwright Avenue | Studio City | 2024 | 4 | 5 | 2,750 | 4,796 | $818 | $2.25M | 71 | 77 |
| 4022 Willowcrest Avenue | Studio City | 1950 | 4 | 4 | 2,492 | 5,138 | $720 | $1.79M | 209 | 77 |
| 11698 Picturesque Drive | Studio City | 2017 | 3 | 3 | 3,009 | 5,777 | $729 | $2.19M | 68 | 74 |
| 4176 Klump Avenue | Studio City | 1952 | 4 | 4 | 2,735 | 6,300 | $832 | $2.27M | 32 | 74 |
| 4210 Bellaire Avenue | Studio City | 2022 | 5 | 4 | 3,047 | 5,812 | $1,081 | $3.29M | 88 | 71 |
| Total: 5 · Average | 4.0 | 4.0 | 2,806.6 | 5,564.6 | $836 | $2.36M | 93.6 | |||
| Median | 2,750 | $2.25M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4000 Denny Avenue | Studio City | 1940 | 09/15/2026 | 3 | 3 | 2,400 | 4,972 | $1.27M | $1.28M | $535 | 1.01 | 86 | 77 |
| 12085 Valleyheart Drive | Studio City | 2026 | 08/18/2026 | 3 | 4 | 3,012 | 5,989 | $3.00M | $2.90M | $963 | 0.97 | 110 | 74 |
| 3733 Willowcrest Avenue | Studio City | 1951 | 09/28/2026 | 3 | 3 | 2,704 | 6,968 | $1.90M | $1.70M | $629 | 0.90 | 67 | 73 |
| 4532 Laurelgrove Avenue | Studio City | 1989 | 08/03/2026 | 4 | 5 | 3,371 | 5,000 | $2.10M | $1.99M | $590 | 0.95 | 94 | 72 |
| 12236 LAUREL TERRACE Drive | Studio City | 1993 | 08/31/2026 | 4 | 3 | 3,345 | 6,004 | $2.30M | $2.17M | $650 | 0.95 | 39 | 72 |
| Total: 5 · Average | 3.4 | 3.6 | 2,966.4 | 5,786.6 | $2.01M | $2.01M | $673.4 | — | 79.2 | ||||
| Median | 3,012 | $1.99M | $1.99M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.