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Sold for $4,520,000
  • $4,520,000

    11975 Laurelwood Dr, Studio City, CA 91604

    31beds
    22baths
    15,856sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $4,489,000 Zestimate®
    $285/sqft
    $3,401 Estimated rent

    Home value

    $4,489,000

    $4.08M - $4.94M

    $3,401/mo

    Zestimate® history
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    What's special

    Wood-style flooringStainless steel appliancesWindow blindsSpacious view-oriented unitsOpen floor plansCeiling fans
    KW Commercial is pleased to present 11975 Laurelwood Drive, a 16-unit multifamily investment opportunity located in one of Studio City's premier rental neighborhoods. Built in 1962 and encompassing 15,856 SF of improvements on a 30,846 SF hillside parcel, the property features 16 oversized apartment units, all of which include large private balconies offering panoramic views of the Eastern San Fernando Valley, Laurel Canyon, and Ventura Boulevard. The asset is ideally positioned just blocks from two of Studio City's most influential economic and cultural hubs, CBS Radford Studio Center and the Ventura Place retail corridor, home to numerous cafes, restaurants, boutique retailers, Trader Joe's, and the highly regarded Carpenter Avenue School. This location provides residents with immediate access to a diverse collection of amenities, entertainment destinations, and employment centers. Historically, this submarket has delivered investors strong long-term rent growth, exceptional appreciation, and reliable value preservation. 11975 Laurelwood Drive offers an ideal mix of spacious, view-oriented units, including: Three (3) 3 Bedroom / 2 Bathroom units, Four (4) 2 Bedroom / 2 Bathroom units, Six (6) 2 Bedroom / 1 Bathroom units, and Four (4) 1 Bedroom / 1 Bathroom units. Many interiors feature open floor plans, stainless steel appliances, wood-style flooring, window blinds, ceiling fans, and wall A/C units. Due to its premium location and above-average unit sizes, the property consistently attracts a high-quality renter profile, as reflected by stable in-place income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Astrupgaard DRE # 01893466 818-432-1580,

    KW Commercial Studio City 818-432-1500,

    Rich Johns DRE # 01432215 213-305-9026,

    KW Commercial Studio City

    Bought with:

    Jacob Plewa, DRE # 02041641

    REMAX COMMERCIAL & INVESTMENT REALTY

    Source: CLAW,MLS#: 25631471MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 31
    • Bathrooms: 22
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 15,856
    • Total interior livable area: 15,856 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: Assigned, Open, Covered
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    Lot
    • Size: 0.71 Acres
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: Studio City

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $3,624,173
    • Date on market: 12/29/2025

    Price history

    DateEventPrice
    3/31/2026Sold$4,520,000-11.4%$285/sqft
    Source: CLAW #25631471 Report a problem
    3/17/2026Pending sale$5,100,000$322/sqft
    Source: CLAW #25631471 Report a problem
    12/29/2025Listed for sale$5,100,000-7.2%$322/sqft
    Source: CLAW #25631471 Report a problem
    11/11/2025Listing removed$5,495,000$347/sqft
    Source: CLAW #25553051 Report a problem
    9/28/2025Price change$5,495,000-8%$347/sqft
    Source: CLAW #25553051 Report a problem
    8/4/2025Price change$5,975,000-3.6%$377/sqft
    Source: CLAW #25553051 Report a problem
    6/16/2025Listed for sale$6,200,000$391/sqft
    Source: CLAW #25553051 Report a problem
    7/1/2020Listing removed$2,625
    Source: TurboTenant Report a problem
    6/18/2020Listed for rent$2,625
    Source: TurboTenant Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Studio City

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $4,489,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,489,000