Nestled within the prestigious gated enclave of "Oeste Estates" in Studio City, you'll discover this magnificent Mediterranean estate. The home exudes a sense of refined luxury and style that is both subtle and compelling.Spanning an impressive 5,000 square feet, this palatial residence offers five sumptuous bedrooms and 4.5 exquisite bathrooms, all set on a sprawling lot that extends almost to an acre. As you step through the front door, you are welcomed by a striking grand foyer with soaring ceilings and a stunning circular staircase, setting the tone for the elegance that lies within.The expansive living room, adorned with European white oak hardwood floors, baths in an abundance of natural light, creating a warm and inviting ambiance. The generously proportioned family room flows seamlessly into the gourmet chef's kitchen, featuring a top-of-the-line LaCornue Stove range, a substantial island, and bespoke paneled cabinetry in a soothing palette.On the upper level, four luxurious bedrooms await, including the regal primary suite. This opulent retreat boasts European white oak hardwood floors, vaulted ceilings, and a private sitting room that overlooks the newly installed heated pool and hot tub, set in the heart of your own private oasis. The sitting room features a see-through fireplace made out of fluted travertine, adding an extra touch of comfort and luxury. The ensuite bathroom and powder room are a sanctuary of relaxation, painted with a lime wash finish and complete with a spa-inspired soaking tub.The outdoor spaces are as impressive as the interior, offering tranquility and privacy amidst verdant landscaping. Immerse yourself in the resort-style luxury of the brand new heated pool and hot tub, perfect for year-round enjoyment.The property's prime location is an added bonus, being in close proximity to the esteemed Harvard Westlake School and just a stone's throw away from some of the city's premier shopping and dining options at the Sportsmen's Lodge.This home is more than just a residence; it's a statement of luxury and sophistication. Indulge in the lifestyle you've always dreamed of in this exquisite Studio City estate.
Sold for $4,600,000
$4,600,000
3940 Oeste Ave, Studio City, CA 91604
5beds
5,011sqft
Single Family Residence
Built in 2000
0.9 Acres Lot
$4,476,800 Zestimate®
$918/sqft
$18,455 Estimated rent
Home value
$4,476,800
$4.12M - $4.88M
$18,455/mo
Zestimate® history
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Source: Douglas Elliman,MLS#: 23-335671
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Interior area
- Total structure area: 5,011
- Total interior livable area: 5,011 sqft
Property
Parking
- Total spaces: 6
- Parking features: GarageAttached
- Has attached garage: Yes
Features
- Stories: 2
- Has private pool: Yes
Lot
- Size: 0.9 Acres
Details
- Parcel number: 2384024018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Condition
- Year built: 2000
Community & HOA
Community
- Subdivision: Studio City
Location
- Region: Studio City
Financial & listing details
- Price per square foot: $918/sqft
- Tax assessed value: $4,692,000
- Annual tax amount: $56,613
- Date on market: 11/29/2023
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2023 | Sold | $4,600,000-2.1%$918/sqft |
Source: Public Record Report a problem | ||
| 12/19/2023 | Pending sale | $4,700,000$938/sqft |
Source: | ||
| 12/19/2023 | Contingent | $4,700,000$938/sqft |
Source: | ||
| 11/29/2023 | Listed for sale | $4,700,000+88%$938/sqft |
Source: | ||
| 10/29/2021 | Listing removed | -- |
Source: | ||
| 10/16/2021 | Listed for rent | $14,000$3/sqft |
Source: | ||
| 9/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/3/2021 | Price change | $14,000-12.5%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/30/2021 | Listed for rent | $16,000$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/23/2021 | Sold | $2,500,000-10.6%$499/sqft |
Source: Public Record Report a problem | ||
| 6/22/2021 | Pending sale | $2,795,000+11.8%$558/sqft |
Source: | ||
| 8/23/2016 | Listing removed | $2,500,000$499/sqft |
Source: Bogari Agency #16984249 Report a problem | ||
| 3/26/2016 | Price change | $2,500,000-13.8%$499/sqft |
Source: Bogari Realty #16984249 Report a problem | ||
| 3/16/2016 | Price change | $2,900,000-9.4%$579/sqft |
Source: Bogari Realty #16984249 Report a problem | ||
| 2/24/2016 | Price change | $3,200,000-11.1%$639/sqft |
Source: Keller Williams - Beverly Hills #16972969 Report a problem | ||
| 1/18/2016 | Listed for sale | $3,600,000+188%$718/sqft |
Source: Keller Williams Beverly Hills #16972969 Report a problem | ||
| 9/5/2001 | Sold | $1,250,000+145.5%$249/sqft |
Source: Public Record Report a problem | ||
| 7/27/1999 | Sold | $509,090$102/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $56,613 +1.1% | $4,692,000 +2% |
| 2024 | $56,012 +78.3% | $4,600,000 +80.4% |
| 2023 | $31,411 +4.8% | $2,550,000 |
| 2022 | $29,979 +44.3% | $2,550,000 +49.5% |
| 2021 | $20,770 -0.7% | $1,705,991 +1% |
| 2020 | $20,909 | $1,688,499 +2% |
| 2019 | $20,909 +5.1% | $1,655,392 +2% |
| 2018 | $19,903 | $1,622,934 +2% |
| 2017 | $19,903 +2.2% | $1,591,112 +2% |
| 2016 | $19,471 +2.6% | $1,559,914 +1.5% |
| 2015 | $18,970 +1.1% | $1,536,483 +2% |
| 2014 | $18,762 | $1,506,386 +2.5% |
| 2012 | -- | $1,470,176 +2% |
| 2011 | -- | $1,441,350 +0.8% |
| 2010 | -- | $1,430,579 -0.2% |
| 2009 | -- | $1,433,979 +2% |
| 2008 | -- | $1,405,863 +2% |
| 2007 | -- | $1,378,298 +2% |
| 2006 | -- | $1,351,273 |
| 2005 | -- | $1,351,273 +4% |
| 2004 | -- | $1,298,803 +1.9% |
| 2003 | -- | $1,275,000 +2% |
| 2002 | -- | $1,250,000 +905.5% |
| 2000 | -- | $124,320 |
Find assessor info on the county website
Neighborhood: Studio City
Nearby homes
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- $1,357,0003 bd2 ba1.3k sqft3971 Oeste Ave, Studio City, CA 91604Sold
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Nearby schools
GreatSchools rating
- 8/10Dixie Canyon Community Charter SchoolGrades: K-5Distance: 1.2 mi
- 6/10Louis D. Armstrong Middle SchoolGrades: 6-8Distance: 2.2 mi
- 5/10Ulysses S. Grant Senior High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$4,476,800
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
$4,476,800
- California
- Los Angeles County
- Los Angeles
- 91604
- Studio City
- 3940 Oeste Ave