0.jpg
1 / 48

12023 Laurel Lane, Studio City, CA 91604

$1.90M4bd · 3ba · 2,880 sqft
Lot 4,738 sqft•Single Family Residence•
Active
•5d on market•MLS# SR-26128377

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

FeeBuilt 1959

Property Details

Land Type
Fee
Year Built
1959
Property Type
Residential
Property Subtype
Single Family Residence
Heating
See Remarks, Central
Cooling
Central Air
View
Neighborhood
Flooring
Carpet, Wood
City
Studio City
Zip Code
91604
County
Los Angeles
Listed byUnknown Office, Poupee Komenkul

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,582.15
Principal & Interest
Loan Amount
$1,516,000
Total Interest
$1,933,574
Total Payment Over 30 Years
$3,449,574
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

12023 Laurel Lane, Studio City, CA 91604

Studio City · Single Family Residence

$1.90M
Luxury Tier
Beds
4
Baths
3
Sqft
2,880
Lot
4,738 sqft
Year
1959
$/Sqft
$658
Pool: No✓
Spa: No✓
View: Neighborhood✓

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.

At market
Subject listed at $1.90M· $658/sqft
Total list price
Closed comps
vs closed median $1.99M
−$93K (−4.7%)
Active comps
vs active median $2.25M
−$355K (−15.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $836
−$178 (−21.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4040 Cartwright AvenueStudio City2024452,7504,796$818$2.25M7177
4022 Willowcrest AvenueStudio City1950442,4925,138$720$1.79M20977
11698 Picturesque DriveStudio City2017333,0095,777$729$2.19M6874
4176 Klump AvenueStudio City1952442,7356,300$832$2.27M3274
4210 Bellaire AvenueStudio City2022543,0475,812$1,081$3.29M8871
Total: 5 · Average4.04.02,806.65,564.6$836$2.36M93.6
Median2,750$2.25M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4000 Denny AvenueStudio City194009/15/2026332,4004,972$1.27M$1.28M$5351.018677
12085 Valleyheart DriveStudio City202608/18/2026343,0125,989$3.00M$2.90M$9630.9711074
3733 Willowcrest AvenueStudio City195109/28/2026332,7046,968$1.90M$1.70M$6290.906773
4532 Laurelgrove AvenueStudio City198908/03/2026453,3715,000$2.10M$1.99M$5900.959472
12236 LAUREL TERRACE DriveStudio City199308/31/2026433,3456,004$2.30M$2.17M$6500.953972
Total: 5 · Average3.43.62,966.45,786.6$2.01M$2.01M$673.4—79.2
Median3,012$1.99M$1.99M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.