About this home

SPECTACULAR PANORAMIC VALLEY VIEWS AND EXCEPTIONAL RENOVATION POTENTIAL IN THE STUDIO CITY HILLS! An incredible opportunity to transform a hillside property with breathtaking, panoramic views of the San Fernando Valley into a truly remarkable residence. Located south of Ventura Boulevard in one of Studio City's most desirable neighborhoods, this 2-bedroom, 2-bathroom home offers approximately 1,495 square feet of living space on a 4,902-square-foot lot. The property is ready for a complete renovation, presenting an outstanding opportunity for contractors, investors, and buyers with the vision to reimagine the home and unlock its full potential. The undeniable highlight is the extraordinary Valley view, which stretches across the horizon and provides a spectacular backdrop for everyday living and entertaining. An outdoor deck offers an ideal vantage point to take in the sweeping panorama. The property's elevated setting creates an opportunity to design a home that takes full advantage of its remarkable surroundings. A detached, street-level two-car garage provides additional possibilities, including the potential to construct an ADU above the garage, subject to city approval and applicable requirements. Approximately 15 steps lead from the garage to the residence. Located in the highly sought-after Carpenter Community Charter School area and just minutes from the shopping, dining, and entertainment along Ventura Boulevard, the property offers an exceptional combination of location, views, and upside potential. Bring your architect, contractor, and imagination to capitalize on this rare opportunity to create a stunning Studio City view home. The views are already extraordinary. The possibilities are yours to create!

Facts and features

Schools

• Rio Vista Elementary School

  elementary · K-5 · 0.8 mi

  7

• Walter Reed Middle School

  middle · 6-8 · 1.1 mi

  7

• North Hollywood Senior High School

  high · 9-12 · 2.0 mi

  8

• St. Charles Borromeo

  elementary · K-8 · 1.0 mi

• Berenece Carlson Home Hospital

  elementary · K-12 · 0.8 mi

• Carpenter Community Charter School

  elementary · K-5 · 0.9 mi

  10

Price history

• Oct 30, 2026 · Listed$1,100,000
• Jun 23, 1969 · Sold$34,000

Tax history

• 2025$1,626 tax · $126,212 assessed
• 2024$1,592 tax · $123,739 assessed
• 2023$1,563 tax · $118,936 assessed
• 2022$1,492 tax · $116,605 assessed
• 2021$1,464 tax · $114,320 assessed
• 2020$1,474 tax · $113,149 assessed
• 2019$1,420 tax · $110,931 assessed
• 2018$1,375 tax · $108,757 assessed

Home value

$1,317,400

• Cotality$1,317,400
• Collateral Analytics$1,344,000
• Quantarium$1,176,639

Where it is