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4316 Beeman Avenue, Studio City, California 91604, Studio City, 91604 - 2 bed, 1 bath

4316 Beeman Avenue, Studio City, California 91604 home-pic-0
ACTIVE$1,680,000
4316 Beeman Avenue, Studio City, California 91604
2Beds
1Bath
1,318Sqft
6,524Lot
Year Built
1937
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$1,275
HOA
-
Days on market
-
Sold On
-
MLS number
AR25128341
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.68M(25th), sqft - 1318(11th), beds - 2(13th), baths - 1(6th).

Charming house situated on a large lot with picturesque street in the heart of Studio City. Plenty of natural lighting and character. Highly sought-after location just minutes to the Shops at Sportsman’s Lodge, Beeman Park, Studio City Library, and easy access to the 101 Freeway! Pride of ownership featuring a welcoming living room with wood floors, coved ceiling, built-in bookshelf and fireplace, adjacent dining area with built-in hutch and display shelving, cozy den, and a lovely galley kitchen with granite counter tops and ample cabinetry with decorative moldings. There are two generously sized bedrooms that share a full bath with pristine vintage tile, tub, and a separate stall shower. The relaxing grounds feature interlocking pavers, a spacious covered patio with ceiling fan, raised planter bed, fruit trees, and a detached guest house with kitchenette and bathroom. Guest house may or may not be permitted. Additional amenities include plantation shutters, a laundry room, large storage unit, detached garage, gated parking, and long driveway to park additional cars. Excellent opportunity for an owner user, project seeker, or developer.

Nearby schools

7/10
Rio Vista Elementary School
Public,•K-5•2.3mi
7/10
Toluca Lake Elementary School
Public,•K-5•2.7mi
9/10
Wonderland Avenue Elementary School
Public,•K-5•2.9mi
8/10
Valley View Elementary School
Public,•K-6•4.0mi
9/10
West Hollywood Elementary School
Public,•K-5•4.3mi
9/10
Warner Avenue Elementary School
Public,•K-5•5.7mi
6/10
Walter Reed Middle School
Public,•6-8•1.2mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•5.8mi
6/10
Arroyo Seco Museum Science
Public,•K-8•12.1mi
8/10
North Hollywood Senior High School
Public,•9-12•1.6mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•2.0mi
3/10
East Valley Senior High School
Public,•9-12•2.6mi
7/10
Fairfax Senior High School
Public,•9-12•5.2mi
6/10
Hollywood Senior High School
Public,•9-12•5.2mi
6/10
University Senior High School
Public,•9-12•7.8mi
6/10
University Senior High School Charter
Public,•9-12•7.8mi
Condition Rating
Fair
The property, built in 1937, is well-maintained and boasts charming vintage features like wood floors and coved ceilings. However, the main bathroom, described as having 'pristine vintage tile,' is significantly outdated in style, featuring pink and brown hexagonal tiles and a traditional vanity, which would require a full renovation for most modern buyers. While the kitchen has granite countertops, the 'decorative moldings' on the cabinetry suggest an older renovation (likely 15-30 years ago) rather than a recent, contemporary update. The detached guest house offers a more modern bathroom, but the primary living space's key areas (main bath, and potentially kitchen) show signs of being outdated, aligning with the 'fair' criteria of requiring minor updates or repairs to meet current standards, despite being well-maintained.
Pros & Cons

Pros

Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Prime Studio City Location: Situated on a picturesque street in the heart of Studio City, offering excellent walkability to local amenities like the Shops at Sportsman’s Lodge, Beeman Park, and the Studio City Library, with convenient freeway access.
Charming Architectural Details: The home retains significant character with features such as wood floors, coved ceilings, built-in shelving, a fireplace, and ample natural lighting, contributing to its welcoming ambiance.
Generous Lot Size & Outdoor Living: A large lot provides ample outdoor space, including interlocking pavers, a spacious covered patio with a ceiling fan, raised planter beds, and mature fruit trees, ideal for relaxation and entertaining.
Detached Guest House: The property includes a detached guest house with a kitchenette and bathroom, offering versatile space for extended family, rental income, or a home office.
Investment & Development Potential: The large lot and desirable location present a strong opportunity for owner-users, project seekers, or developers looking to maximize value or expand the property.

Cons

Unpermitted Guest House Status: The detached guest house's permitting status is uncertain ('may or may not be permitted'), posing potential legal and financial risks for a buyer.
Limited Bedroom/Bathroom Count: With only two bedrooms and one bathroom, the property may not meet the needs of larger families or buyers seeking more modern living configurations, potentially limiting its market appeal.
Potential Overpricing: The current list price of $1.68M is notably higher than the estimated property value of $1.32M and recent comparable sales, suggesting a potential overvaluation in the current market.

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