11588 Laurelcrest Dr, Studio City, CA 91604

1 bed0.5 baths550 sqft Edit

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Sold: $499,000
Sold on 06/10/13
Zestimate®: $710,782
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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This adorable cottage, above a two car garage, in the Studio City Hills is reminiscent of a mountain cabin. Living room has hi ceilings, tiny kitchen w/ Wolf range, front porch, rear patio for al fresco dining, picnic table in upper garden area.This little gem sits among major estates in a tranquil setting with a beautiful tree top view. Surrounded by nature yet so close to the studios, Ventura Blvd and Mulholland Dr. Great condo alternative for a single or could be used as a home office with ample storage in the garage. Very unique, very special.

Facts

  • Lot: 5,288 sqft
  • Single Family
  • Built in 1937
  • Views: 5,401 all time views
  • Last sold: Jun 2013 for $499,000
  • Last sale price/sqft: $907

Features

  • Fireplace

      Construction

      • Room count: 7
      • Stories: 1
      • Unit count: 1

      Other

      • Floor size: 550 sqft
      • Last remodel year: 1938
      • Lot depth: 83 ft
      • Lot width: 184 ft
      • Parcel #: 2377007007
      • Zillow Home ID: 20030056

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $710,782
      -$7,938 Last 30 days
      $633K
      $789K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,888/mo
      +$0 Last 30 days
      $1.8K
      $4.5K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Improve This Home's Value

      The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

      The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

      Deck Addition

      Upscale Bathroom Remodel

      Upscale Major Kitchen Remodel

      • Upscale Major Kitchen Remodel

      • + 139.8K VALUE
      • Project cost: $129,595
      • See kitchen ideas

      Popularity on Zillow

      5,401 all-time views
      of this home (chart)

      Comparable Homes

      Homes like this sold for $575K.

      $500K
      $650K

      Mortgages

      Neighborhood: Studio City

      Median Zestimate

      $1,012,400

      1.0%

      1-yr forecast

      The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

      Market temp 

      Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

      Neutral
      Buyers' Market
      Sellers' Market

      Foreclosures (per 10K)

      0.6 Studio City
      2 Los Angeles
      3.6 United States
      Zillow predicts Studio City home values will increase 6.9% next year, compared to a 7% increase for Los Angeles as a whole. Among Studio City homes, this home is valued 25.3% less than the midpoint (median) home, but is valued 72.4% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Studio City, the number of foreclosures waiting to be sold is 55.7% less than in Los Angeles, and 70.5% lower than the national average. This lower local number could help Studio City home values rise more quickly than other regions in Los Angeles.
        read more Less 

      Nearby

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        Nearby Schools in Los Angeles

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org