NOT LISTED FOR SALE

11217 Laurie Dr Studio City, CA 91604

Estimated Value: $2,565,000 - $2,837,000

4 Beds
3 Baths
2,890 Sq Ft
$935/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $2,550,000 $882 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,933/month

8 Days on Market

Highlights

  • Spa
  • Panoramic View
  • Midcentury Modern Architecture
  • Rio Vista Elementary Rated A-
  • 0.41 Acre Lot
  • Wood Flooring

About This Home

As of April 2023

A fantastic Mid-century fixer, with stunning panoramic views, in Studio City hills. This 1950's single story home, has a spacious layout and original details throughout. A large motor court leads to a beautiful stone entry, with a grand double door, that sets the tone and opens into the foyer. A sunk in family room, with a bespoke stone fireplace, surrounded by oversized windows allowing in an abundance of natural light. An additional formal living room, with a wet bar, and a second custom fireplace, opens up to a generous kitchen through a breakfast bar, and on the other, to a sizable covered patio through grand sliding glass doors. The kitchen has all original cabinetry and built-ins, with an open dining area. The primary bedroom has a walk-in closet with plenty of storage, a primary bath, and a glass door that leads outside to the covered patio. There's a total of 4 bedrooms, 3 bathrooms, a large laundry room, and an oversized garage. The home sits on a considerable, primarily flat lot, that can accommodate a large pool, with plenty of room for entertaining, highlighted by the dramatic views. For the Mid-century enthusiast, this home is a perfect candidate to update the existing structure, maintain it's charm and characteristics, and restore it back to it's glory. Another option, and major benefit, is that this property also comes with breathtaking RTI plans, that took more than a year to design and fully approve, for a designer done, eco-friendly, ground up remodel, with additions, that will impress the most discerning clientele. The proposed plan will bring this single story residence to approx. 3,600 sq. ft., with four en suite bedrooms, 4.5 baths, high vaulted ceilings throughout, connecting with nature through earthy tones and materials, expansive walls of glass, and a central open air courtyard making you one with the elements. The copious chef's kitchen will connect you to a vast living room, drenched with natural light, open to the views through a plethora of windows and doors, accompanied by a linear fireplace, spacious bar, and a voluminous dining space, surrounded by extensive windows. The generously sized, luxurious primary suite is the epitome of peace and privacy, with an airy floor plan, a large walk-in, and spa-like bath, overlooking the spectacular sweeping views of the surrounding mountains, hills, major studios, valley, pool, and deck areas. Please see the elaborate designer rendering package attached in the docs folder. Whether you're an end user, investor, or developer, this is an incredible opportunity to create a statement that delivers on design, location, and eco-credentials, without the lengthy approval process, allowing you to immediately start this incredible project, located in one of the most sought after neighborhoods in Studio City, minutes away from some of the best shopping, dining, and entertainment that this area has to offer. Please note, some of the provided photos are renderings of the proposed approved plans, and some are virtually staged.

Last Agent to Sell the Property

Aero Malka

Coldwell Banker Realty License #01963805 Listed on: 03/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Aero Malka

Coldwell Banker Realty License #01963805 Listed on: 03/22/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,851

Year Built

  • Built in 1956

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 105x170
  • Property is zoned LARE15

Property Views

  • Panoramic
  • Skyline
  • Views of a landmark
  • Canyon
  • Mountain
  • Hills
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof

Interior Spaces

  • 2,890 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway
  • Guest Parking

Pool

  • Spa
  • Room in yard for a pool

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2378-016-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,851

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2890
  • Lot Acreage: 0.4062
  • Lot Dimensions: 105x170
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Linoleum, Laminate, Hardwood, Mixed, Slate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven, Dishwasher, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 897.92

Exterior Features

  • Other Structures: None
  • Pool Description: Room For
  • Pool: No
  • Roof: Flat, Shingle
  • Spa Yn: Yes
  • View: Canyon, City Lights, Hills, Landmark, Mountains, Panoramic, Skyline, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached, Oversized, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Fireplace, Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2378-016-017
  • Lot Size Area: 17692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Laurence Obrien Timothy
Bought by
Dvlpla/Laurie Llc
Current Estimated Value
$2,701,392

Purchase Details

Closed on
Aug 15, 2013
Sold by
Seila David
Bought by
Charitale Charter Foundation
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dvlpla/Laurie Llc $1,650,000 Provident Title
Charitale Charter Foundation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dvlpla/Laurie Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $2,550,000 -1.7% $882 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $2,595,000 +57.3% $898 / Sq Ft
06/22/2022 06/22/22 Sold $1,650,000 0.0% $571 / Sq Ft View Prior Sale
08/19/2021 08/19/21 Off Market $1,650,000 -- --
08/19/2021 08/19/21 For Sale $1,695,000 +2.7% $587 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/20/2021 07/20/21 Off Market $1,650,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,851 $2,653,019 $2,026,699 $626,320
2024 $31,851 $2,601,000 $1,986,960 $614,040
2023 $20,833 $1,683,000 $1,377,000 $306,000
2022 $3,465 $247,391 $66,279 $181,112
2021 $3,410 $242,541 $64,980 $177,561
2020 $3,366 $240,055 $64,314 $175,741
2019 $3,251 $235,349 $63,053 $172,296
2018 $3,102 $230,735 $61,817 $168,918
2016 $2,904 $221,776 $59,417 $162,359
2015 $2,864 $218,446 $58,525 $159,921
2014 $2,886 $214,168 $57,379 $156,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-245271

The MLS

APN: 2378-016-017