Studio City Fixer with lots of potential. Classic Silver Triangle five bedroom, three bath pool home South of the Boulevard, just off Laurel Canyon. On the market for the first time since 1967, this home has undergone several permitted additions to offer multiple private views and creative spaces.Nearby the 128-acre Wilacre Park, Carpenter Avenue School, and Fryman Canyon or pop over the hill to LA and the westside for Hollywood meetings and entertainment. This large 3140+ square foot fixer in the heart of Studio City may also be right for developer expansion on a rare 6814 square foot street-to-street lot (Laurel Terrace to Mound View). Includes a separate wing and entrance for offices and staff with prior use as creative meeting space and massive library, though it could also be converted into a huge primary suite. Convenient to studios and Ventura Boulevard's shops, restaurants, and farmer's market. Check with your architect/contractor on allowable options. Great bones, structural work and retrofit were done in 2018. Probate Sale with Full Authority, court confirmation not required.
Sold for $3,910,000
$3,910,000
12051 Laurel Terrace Dr, Studio City, CA 91604
5beds
3,141sqft
SingleFamily
Built in 1933
6,969 Square Feet Lot
$3,728,200 Zestimate®
$1,245/sqft
$15,758 Estimated rent
Home value
$3,728,200
$3.43M - $4.06M
$15,758/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Wall
Interior area
- Total interior livable area: 3,141 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 2369009002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Condition
- Year built: 1933
Community & HOA
Location
- Region: Studio City
Financial & listing details
- Price per square foot: $1,245/sqft
- Tax assessed value: $3,988,200
- Annual tax amount: $48,010
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2023 | Sold | $3,910,000-2.1%$1,245/sqft |
Source: Public Record Report a problem | ||
| 11/27/2023 | Pending sale | $3,995,000$1,272/sqft |
Source: | ||
| 11/14/2023 | Contingent | $3,995,000$1,272/sqft |
Source: | ||
| 10/26/2023 | Listed for sale | $3,995,000+14.3%$1,272/sqft |
Source: | ||
| 3/19/2023 | Listing removed | $3,495,000-6.6%$1,113/sqft |
Source: | ||
| 3/18/2022 | Sold | $3,740,000+7%$1,191/sqft |
Source: Public Record Report a problem | ||
| 3/18/2022 | Pending sale | $3,495,000$1,113/sqft |
Source: | ||
| 2/27/2022 | Contingent | $3,495,000$1,113/sqft |
Source: | ||
| 2/26/2022 | Listed for sale | $3,495,000+99.7%$1,113/sqft |
Source: | ||
| 9/1/2021 | Sold | $1,750,000-4.1%$557/sqft |
Source: Public Record Report a problem | ||
| 8/21/2021 | Pending sale | $1,825,000$581/sqft |
Source: | ||
| 8/1/2021 | Contingent | $1,825,000$581/sqft |
Source: | ||
| 8/1/2021 | Pending sale | $1,825,000$581/sqft |
Source: | ||
| 7/29/2021 | Listed for sale | $1,825,000$581/sqft |
Source: | ||
| 7/27/2021 | Pending sale | $1,825,000$581/sqft |
Source: | ||
| 7/27/2021 | Contingent | $1,825,000$581/sqft |
Source: | ||
| 7/16/2021 | Price change | $1,825,000-8.5%$581/sqft |
Source: | ||
| 6/16/2021 | Price change | $1,995,000-7.2%$635/sqft |
Source: | ||
| 5/30/2021 | Listed for sale | $2,150,000$684/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $48,010 +1% | $3,988,200 +2% |
| 2024 | $47,555 +2.5% | $3,910,000 +2.5% |
| 2023 | $46,402 +4.4% | $3,814,800 +118% |
| 2022 | $44,447 +1174.3% | $1,750,000 +601.9% |
| 2021 | $3,488 +1.3% | $249,338 +1% |
| 2020 | $3,445 | $246,782 +2% |
| 2019 | $3,445 +7.3% | $241,945 +2% |
| 2018 | $3,211 | $237,202 +2% |
| 2017 | $3,211 +2.1% | $232,552 +2% |
| 2016 | $3,145 +4.6% | $227,993 +1.5% |
| 2015 | $3,006 +0.8% | $224,569 +2% |
| 2014 | $2,981 | $220,171 +2.5% |
| 2012 | -- | $214,880 +2% |
| 2011 | -- | $210,668 +0.8% |
| 2010 | -- | $209,095 -0.2% |
| 2009 | -- | $209,593 +2% |
| 2008 | -- | $205,484 +2% |
| 2007 | -- | $201,456 +2% |
| 2006 | -- | $197,506 |
| 2005 | -- | $197,506 +4% |
| 2004 | -- | $189,839 +1.9% |
| 2003 | -- | $186,361 +2% |
| 2002 | -- | $182,708 +4% |
| 2000 | -- | $175,615 |
Find assessor info on the county website
Neighborhood: Studio City
Nearby homes
- $1,582,3003 bd2 ba1.5k sqft12055 Laurel Terrace Dr, Studio City, CA 91604Off Market

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- $1,233,5003 bd2 ba1.4k sqft3725 Mound View Ave, Studio City, CA 91604Off Market
- $1,766,2003 bd2 ba1.7k sqft12065 Laurel Terrace Dr, Studio City, CA 91604Off Market
- $1,329,5002 bd1 ba1.6k sqft3704 Mound View Ave, Studio City, CA 91604Off Market
- $1,291,4003 bd3 ba1.6k sqft3729 Mound View Ave, Studio City, CA 91604Off Market
- $1,795,0003 bd3 ba1.9k sqft12052 Laurel Terrace Dr, Studio City, CA 91604For Sale
Nearby schools
GreatSchools rating
- 10/10Carpenter Community Charter SchoolGrades: K-5Distance: 0.3 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10North Hollywood Senior High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$3,728,200
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
$3,728,200
- California
- Los Angeles County
- Los Angeles
- 91604
- Studio City
- 12051 Laurel Terrace Dr