UPDATED:
10/15/2024 02:58 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,488 sqft
Price per Sqft $1,202
MLS Listing ID PW24201498
Style Detached
Bedrooms 2
Full Baths 1
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1937
Lot Size 0.591 Acres
Acres 0.5908
Property Description
**Rare Opportunity in the Mulholland Scenic Corridor of Studio City** Own over half an acre in this highly desirable location. This Tuscan-inspired home features 2 bedrooms, 1.5 baths, and a detached office/guest house (permitted as a 1-car garage) with breathtaking panoramic views of the mountains and city, surrounded by nature and frequent deer sightings. Located on the coveted north side of Berry Drive, the property feeds into the award-winning Carpenter Community Charter School. A winding private driveway offers an exclusive retreat, providing a tranquil escape from city life while just minutes away from the trendy restaurants and shopping on Ventura Boulevard. For builder-developers, this property presents vast potential to create a luxurious private oasis, in line with nearby multi-million-dollar estates. Beneath the main house lies a hidden geman expansive 900+ sq ft storage area with 10-ft ceilings, exposed wooden beams, electrical and plumbing at the ready, offering exciting possibilities for creative renovation. The generous lot size allows for preserving the current home while adding one or more additional residences. The home has a remodeled kitchen featuring stainless steel appliances, granite countertops and skylights. Other upgrades include 220V electrical panel, a tankless water heater, and a newer sewer line with two cleanout locations. The homeowners previously secured approved expansion plans for over 1,200 sq ft of additional living space and invested significantly in foundational improvements, including 21 caissons anchored into the bedrock and a retaining wall beneath the home. Buyers and investors may choose to work with the City and local design committee to renew the expired plans, offering the chance to significantly expand the propertys footprint. All prospective buyers are encouraged to consult with qualified professionals regarding current permit requirements and personalizing the renovation plans. This is a rare opportunity to own a prime piece of Southern California real estateschedule your private showing today!
Location
State CA
County Los Angeles
Area Studio City (91604)
Zoning LARE15
Interior
Interior Features Beamed Ceilings, Recessed Lighting
Flooring Carpet, Stone, Wood
Equipment Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Stove
Appliance Dishwasher, Microwave, Refrigerator, Gas Oven, Gas Stove
Laundry Outside
Exterior
Garage Converted
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Mountains/Hills, Panoramic, City Lights
Total Parking Spaces 6
Building
Lot Description Easement Access, Landscaped
Story 1
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Split Level
Construction Status Fixer
Others
Monthly Total Fees $27
Miscellaneous Mountainous
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan, Submit
Listing Terms Cash, Conventional, Exchange, Cash To New Loan, Submit
Special Listing Condition Standard
