11636 Valley Spring Lane, Studio City CA, 91604
(Active)
$1,625,000
|
2 beds, 1 Full baths, 1,178 sqft
|
MLS# 24387115
Last Updated: 5/18/2024 12:20 AM
Description for
11636 Valley Spring Lane
Studio City, CA 91604
Welcome to an extraordinary development opportunity in Colfax Meadows, one of the best neighborhoods in Studio City! Situated on a generous 6,864 sqft lot, this home plus an ADU, boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer to maximize the lot and build multiple units. The added convenience of a corner lot enhances the appeal, providing flexibility for design and construction. The existing 2 bedroom, 1 bath home is currently leasing for $2,950 and the permitted ADU is leasing for $1,600. Close to the Farmers Market, Tujunga Village, and Ventura Blvd for shops and restaurants. Located in the coveted Carpenter Community Charter School. TENANT OCCUPIED. PLEASE DO NOT WALK THE PROPERTY.
Price
$1,625,000
Los Angeles
2
1 Full
1,178 (approx)
24387115
Active
Description
Welcome to an extraordinary development opportunity in Colfax Meadows, one of the best neighborhoods in Studio City! Situated on a generous 6,864 sqft lot, this home plus an ADU, boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer to maximize the lot and build multiple units. The added convenience of a corner lot enhances the appeal, providing flexibility for design and construction. The existing 2 bedroom, 1 bath home is currently leasing for $2,950 and the permitted ADU is leasing for $1,600. Close to the Farmers Market, Tujunga Village, and Ventura Blvd for shops and restaurants. Located in the coveted Carpenter Community Charter School. TENANT OCCUPIED. PLEASE DO NOT WALK THE PROPERTY.
Listing Information
| Property Type: Single Family, Traditional, 1 Story | ||
| 2 | 1 Full | |
| 0.16 Acres | 1,178 (approx) | 1938 |
| 1 | Stucco | |
Other
Neighborhood
Room Information
| Bathrooms | |||
| 1 | |||
Total: 2
Inside
Interior Features
No Common Walls
None
Exterior / Lot Features
2 Parking Spaces,
0 Covered Parking Spaces,
Driveway
Stucco
Composition, Shingle
None
None
LARD1.5
Driving Directions
East of Colfax
Financial Considerations
| 2368014119 |
Listing Price History
Studio City Real Estate
Studio City is located in California. Studio City, California 91604 has a population of 30,079.
The median household income in Studio City, California 91604 is $120,578. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Studio City 91604 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/3/2024 | Active | $1,625,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $7,196 USD | 5.68% | $554,748 USD | 2.00% |
| 2022 | $6,809 USD | 1.34% | $543,872 USD | 2.00% |
| 2021 | $6,719 USD | -0.90% | $533,209 USD | - |
| 2020 | $6,780 USD | 4.07% | $533,209 USD | 1.04% |
| 2019 | $6,515 USD | 1.43% | $527,743 USD | 2.00% |