11636 Valley Spring Ln Studio City CA MLS #24-387115

11636 Valley Spring Ln
Studio City, CA,
$1,625,000
2 Beds
1 Baths
1,178 SqFt
0.16 Acres
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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 a studio/guest house, 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 studio/guest house 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.

Property Details

Price:
$1,625,000
MLS #:
24-387115
Status:
Active
Beds:
2
Baths:
1
Address:
11636 Valley Spring Ln
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
studiocity
City:
Studio City
Listed Date:
May 3, 2024
State:
CA
Finished Sq Ft:
1,178
Lot Size:
6,864 sqft / 0.16 acres (approx)
Year Built:
1938
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Schools

Interior

Cooling
Wall Unit(s)
Flooring
Mixed
Heating
Other
Laundry
Inside

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Exterior Construction
Other, Stucco
Lot Location
Corner Lot
Other Structures
Guest House
Parking Garage
Driveway
Pool Description
None
Roof
Composition, Shingle
Spa
None
Style
Traditional
Tennis Court
None

Financial

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11636 Valley Spring Ln
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