11385 Sunshine Terrace, Studio City, California 91604, Studio City, 91604 - 4 bed, 4 bath
ACTIVE$1,900,000
11385 Sunshine Terrace, Studio City, California 91604
4Beds
4Baths
2,900Sqft
5,610Lot
Year Built
1925
Close
-
List price
$1.9M
Original List price
$2.1M
Price/Sqft
$655
HOA
-
Days on market
-
Sold On
-
MLS number
224004793
Home ConditionPoor
Features
Good View:
Deck
View
About this home
Possibly Over-Priced:The estimated price is 9% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.90M(39th), sqft - 2900(61th), beds - 4(50th), baths - 4(55th).
Unique and seldom found investment opportunity in the sought after hills of Studio City. Perfectly located with close access to Ventura Boulevard, minutes from the Hollywood Hills, Universal Studios, and the 101 freeway. This property showcases panoramic views from the deck overlooking the valley. This home is looking for the right investor to step in and take over this great opportunity.
Nearby schools
7/10
Rio Vista Elementary School
Public,•K-5•0.8mi
7/10
Toluca Lake Elementary School
Public,•K-5•1.7mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•1.7mi
8/10
Valley View Elementary School
Public,•K-6•2.2mi
9/10
West Hollywood Elementary School
Public,•K-5•3.5mi
9/10
Warner Avenue Elementary School
Public,•K-5•5.7mi
6/10
Walter Reed Middle School
Public,•6-8•1.0mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•4.3mi
6/10
Arroyo Seco Museum Science
Public,•K-8•10.4mi
8/10
North Hollywood Senior High School
Public,•9-12•1.9mi
3/10
East Valley Senior High School
Public,•9-12•2.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•3.4mi
6/10
Hollywood Senior High School
Public,•9-12•3.6mi
7/10
Fairfax Senior High School
Public,•9-12•4.0mi
6/10
University Senior High School
Public,•9-12•8.0mi
6/10
University Senior High School Charter
Public,•9-12•8.0mi
Condition Rating
Poor
The property was built in 1925 and the description indicates it needs an investor to 'take over this great opportunity,' suggesting it requires significant work. The single image shows a dated exterior. Given the age and likely lack of major renovations in recent decades, along with the description, the condition is likely poor, requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Prime Location: Located in the desirable hills of Studio City, offering convenient access to Ventura Boulevard, Hollywood Hills, Universal Studios, and the 101 freeway.
Panoramic Views: The property boasts panoramic valley views from the deck, enhancing its appeal and potential value.
Investment Opportunity: Presented as a unique investment opportunity, suggesting potential for renovation or development.
Cons
Year Built: Built in 1925, the property may require updates to meet modern standards and address potential maintenance issues associated with older homes.
Renovation Needed: The description indicates the property needs an investor to 'take over', implying it requires significant renovation or improvements.