11636 Valley Spring Lane

Studio City, CA 91604

$1,625,000

Listed Price
2

bed Beds

1

shower Baths

1,178 sqft

straighten $1,379 / sqft

1938

calendar_month Built

Property Description

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 an ADU, 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 permitted ADU 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.

Interior Features

Bedroom Information
Bedrooms 2
Bathroom Information
Bathrooms 1
Fireplace Information
Features None

Listing Information

Address 11636 Valley Spring Lane
City Studio City
State CA
Zip 91604
County Los Angeles
Listing Agent Bryan Abrams DRE#01238720
Co-Listing Agent Steven Moritz DRE#00928961
Courtesy Of Sotheby's International Realty
MLS 24387115
List Price $1,625,000
Status Active
Type Residential
Subtype Single Family Residence
Structure Size 1,178
Lot Size 6,864
Year Built 1938
DOM 9

Exterior Information

Other Structures
Structures Guest House

Maps

Listing information courtesy of: Bryan Abrams, Steven Moritz, Sotheby's International Realty . *Based on information from the Association of REALTORS/Multiple Listing as of May 11th, 2024 at 5:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.