11989 Laurelwood Drive 3, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath

11989 Laurelwood Drive 3, Studio City, California 91604 home-pic-0
ACTIVE$1,149,000
11989 Laurelwood Drive 3, Studio City, California 91604
3Beds
3Baths
1,783Sqft
10,578Lot
Year Built
2004
Close
-
List price
$1.15M
Original List price
$1.23M
Price/Sqft
$644
HOA
$810
Days on market
-
Sold On
-
MLS number
SB25019962
Home ConditionExcellent
Features
Excellent View: Hills, Mountain(s), Panoramic, Valley
Deck
ViewHills, Mountain(s), Panoramic, Valley

About this home

We found 3 Cons,6 Pros. Rank: price - $1.15M(86th), sqft - 1783(71th), beds - 3(50th), baths - 3(50th).

Proudly introducing this stunning 3-bedroom, 2.5-bathroom, 1,783 sq. ft. townhome-style condo located south of the Boulevard in the highly desirable Laurelwood Terrace community. This contemporary two-story gem boasts an expansive 1200 sq. ft. PRIVATE TERRACE DECK with breathtaking views of the Studio City hills, complete with a outdoor BBQ island station, mini fridge, electric awning, TV, and lighting—perfect for entertaining or relaxing under the California sun. Inside, you'll find three spacious bedrooms with newly installed flooring and each with their own french doors leading to the amazing terrace! A luxurious primary suite featuring a walk-in closet, a spa-like bathroom with a large soaking tub, granite finishes, travertine flooring, and a separate glass-enclosed shower. The galley style kitchen boasts stainless steel Bosch appliances, a breakfast nook, and a convenient built-in workstation. Spacious living room seamlessly blends into the dining room with great convenience! Other great features include newer AC units, freshly painted throughout, added crown molding, recessed lighting, new light fixtures throughout, in-unit laundry for convenience, a water softener system and two side-by-side parking spaces, plus three guest parking spots. Community amenities include a sauna, weight room, unit's own large storage room and HOA services covering trash, water, building maintenance, and insurance. Located within walking distance of the shops and restaurants on Ventura Boulevard, this home is in the prestigious Carpenter Elementary School with a great school district. It’s also close to Radford Studio Center, where exciting redevelopment plans promise to boost the area's economic growth and property values!

Nearby schools

7/10
Rio Vista Elementary School
Public,K-51.5mi
9/10
Wonderland Avenue Elementary School
Public,K-52.1mi
7/10
Toluca Lake Elementary School
Public,K-52.1mi
8/10
Valley View Elementary School
Public,K-63.0mi
9/10
West Hollywood Elementary School
Public,K-53.7mi
9/10
Warner Avenue Elementary School
Public,K-55.5mi
6/10
Walter Reed Middle School
Public,6-80.9mi
3/10
Hubert Howe Bancroft Middle School
Public,6-84.9mi
6/10
Arroyo Seco Museum Science
Public,K-811.2mi
8/10
North Hollywood Senior High School
Public,9-121.7mi
3/10
East Valley Senior High School
Public,9-122.4mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.8mi
6/10
Hollywood Senior High School
Public,9-124.3mi
7/10
Fairfax Senior High School
Public,9-124.4mi
6/10
University Senior High School
Public,9-127.7mi
6/10
University Senior High School Charter
Public,9-127.7mi
Condition Rating
Excellent

This property, built in 2004, presents as virtually new due to extensive and recent renovations. The description highlights 'newly installed flooring,' 'newer AC units,' 'freshly painted throughout,' 'added crown molding,' 'recessed lighting,' and 'new light fixtures throughout,' indicating a comprehensive update within the last few years. The kitchen features high-end stainless steel Bosch appliances and contemporary cabinetry, while the primary bathroom boasts luxurious finishes including granite, travertine flooring, a large soaking tub, and a separate glass-enclosed shower. All components appear to meet current quality standards with no visible deferred maintenance, making it move-in ready and top-tier.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Expansive Private Terrace: Features an impressive 1200 sq. ft. private terrace deck with breathtaking views of the Studio City hills, complete with an outdoor BBQ island, mini fridge, electric awning, TV, and lighting, ideal for entertaining.
Premium Location & School District: Situated south of the Boulevard in a highly desirable Studio City community, within walking distance to Ventura Boulevard shops/restaurants, and zoned for the prestigious Carpenter Elementary School.
Modern & Upgraded Interior: The unit boasts newer AC units, fresh paint, newly installed flooring, crown molding, recessed lighting, new fixtures, and a well-appointed kitchen with stainless steel Bosch appliances.
Luxurious Primary Suite: The primary suite offers a walk-in closet and a spa-like bathroom featuring a large soaking tub, granite finishes, travertine flooring, and a separate glass-enclosed shower.
Comprehensive Community Amenities & HOA Services: Residents benefit from community amenities including a sauna, weight room, private storage, and an HOA that covers trash, water, building maintenance, and insurance.

Cons

High Monthly Association Fee: The $810.0 monthly association fee is substantial and could be a significant financial consideration for potential buyers, despite the services it covers.
Galley Style Kitchen: While equipped with high-end appliances, the 'galley style' kitchen layout may not appeal to all buyers who prefer more open-concept or larger kitchen spaces.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $1.23M to $1.149M, which might indicate initial overpricing or slower market absorption.

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