NOT LISTED FOR SALE

11541 Laurelcrest Dr Studio City, CA 91604

Estimated Value: $1,372,000 - $1,697,000

2 Beds
2 Baths
1,345 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $1,535,000 $1,141 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,546/month

45 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Deck
  • North Hollywood Senior High School Rated A
  • Midcentury Modern Architecture
  • Engineered Wood Flooring

About This Home

As of July 2024

Finally, a turnkey designer remodel that actually feels like home. Perched in the Studio City hills, south of Ventura Blvd, this 1951 Mid-Century jewel box has been soulfully reimagined with the utmost integrity. Gated for privacy, the entryway is landscaped with CA native plantings on drip irrigation, and a glance past the side stairs gives you a preview of the stunning views from the balcony and nearly every room. A glass inset in the oversized custom solid acacia front door offers an inviting peek at the living room's rich walnut floors and exposed beams. The kitchen is both editorial and practical, with walnut cabinetry, dark granite countertops, deep azure tile, a Bertazzoni fridge, and a Thor range. A breakfast bar beneath the kitchen's broad picture window is the perfect spot to have your morning coffee, get some work done, lay out appetizers for guests, or help with homework. The upstairs bedroom boasts hillside views, exposed beams, and dual closets. Both bathrooms are synchronized without being identical, with custom vanities, earthy travertine countertops, and timeless terrazzo floors. The entire downstairs is dedicated to the primary suite, which includes a cozy reading nook, a very generous walk-in closet, and two sets of glass French doors that open out to a spacious balcony. All of the heavy lifting here has been done (new electrical, new plumbing, new roof, new windows, etc) and all of the design choices have been made with the way you live in mind. No opportunity for clean and streamlined storage has been overlooked, and the two-car garage has been finished as usable bonus space for an office, gym, or studio. 11541 Laurelcrest Dr is within the lauded Carpenter school district, and it's just up the hill from the Shops at Sportsmen's Lodge, Heavy Handed, Laurel Tavern, Black Market Liquor Bar, and an endless array of dining and shopping options along Ventura Blvd.

Last Agent to Sell the Property

Crystal Ferris

Arroyo Real Estate License #02182639 Listed on: 05/16/2024

Co-Listed By

Loryn Cervenka

Backbeat Homes License #02225867

Last Buyer's Agent

CLARENCE YEUNG

eXp Realty of California Inc License #01897557

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,329 Sq Ft Lot
  • Lot Dimensions are 57x108
  • Gated Home
  • Privacy Fence
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Drip System Landscaping
  • Hillside Location
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Oversized Parking

Property Views

  • City Lights
  • Woods
  • Trees
  • Hills
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,345 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Recessed Lighting
  • Track Lighting
  • Decorative Fireplace
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Family Room on Second Floor
  • Living Room
  • Formal Dining Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2378-034-037

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1345
  • Lot Acreage: 0.1453
  • Lot Dimensions: 57x108
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Detached/No Common Walls, Recessed Lighting, Track Lighting, Turnkey
  • Fireplace Rooms: Decorative
  • Flooring: Engineered Hardwood, Terrazzo, Tile
  • Appliances: Cooktop - Gas, Oven-Gas, Range, Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Remodeled, Shower and Tub, Tile, Travertine
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Galley Kitchen, Granite Counters, Pantry, Remodeled
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1114.50
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: French Doors, Sliding Glass Doors
  • Other Structures: None
  • Fence: Block, Privacy, Wood, Chain Link
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills, Tree Top, Trees/Woods, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Parking Garage: Garage - 2 Car, Garage Is Detached, Oversized
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 2378-034-037
  • Lot Location: Hillside
  • Lot Size Area: 6329

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 23, 2024
Sold by
Crystal Ferris Real Estate Corp Inc
Bought by
Chung Allen and Pyo Kijoo
Seller's Agent
Crystal Ferris
Arroyo Real Estate
Buyer's Agent
CLARENCE YEUNG
eXp Realty of California Inc
List Price
$1,499,000
Sold Price
$1,535,000
Premium/Discount to List
$36,000
2.4%
Views
31
Current Estimated Value
$1,576,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,685
Avg. Annual Appreciation
1.85%
Original Mortgage
$815,000
Outstanding Balance
$802,984
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$773,701

Purchase Details

Listed on
Nov 9, 2023
Closed on
Nov 21, 2023
Sold by
Orourke Thomas
Bought by
Crystal Ferris Real Estate Corp
Seller's Agent
Thomas O'Rourke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Thomas O'Rourke
Berkshire Hathaway HomeServices California Properties
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.80%
Original Mortgage
$956,250
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 9, 2023
Closed on
Nov 3, 2023
Sold by
Holland Robert Mark
Bought by
Orourke Thomas
Seller's Agent
Thomas O'Rourke
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Thomas O'Rourke
Berkshire Hathaway HomeServices California Properties
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
7.03%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2016
Sold by
Holland Richard Barry and Holland Robert Mark
Bought by
Holland Robert Mark

Purchase Details

Closed on
Dec 22, 2006
Sold by
Holland Mildred and The Holland Family Trust
Bought by
Holland Mildred and The Holland Family Trust

Purchase Details

Closed on
Apr 4, 1995
Sold by
Holland Richard Barry and Holland Robert Mark
Bought by
Holland Milton and Holland Mildred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
Chung Allen $1,535,000 Chicago Title Company
Orourke Thomas $785,000 California Title Company
Orourke Thomas -- California Title Company
Holland Robert Mark -- None Available
Holland Mildred -- None Available
Holland Milton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Allen $815,000
Previous Owner Orourke Thomas $300,000
Previous Owner Orourke Thomas $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2024 07/30/24 Sold $1,535,000 +2.4% $1,141 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $1,499,000 -2.3% $1,114 / Sq Ft
06/26/2024 06/26/24 Off Market $1,535,000 -- --
05/31/2024 05/31/24 For Sale $1,499,000 0.0% $1,114 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $1,499,000 +91.0% $1,114 / Sq Ft
11/09/2023 11/09/23 Sold $785,000 0.0% $632 / Sq Ft View Prior Sale
11/09/2023 11/09/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $785,000 -- $632 / Sq Ft
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 $15,610 $1,535,000 $1,100,000 $435,000
2024 $15,610 $1,285,000 $1,025,000 $260,000
2023 $3,816 $302,001 $145,202 $156,799
2022 $3,639 $296,080 $142,355 $153,725
2021 $3,590 $290,275 $139,564 $150,711
2019 $3,484 $281,667 $135,425 $146,242
2018 $3,460 $276,145 $132,770 $143,375
2016 $3,298 $265,423 $127,615 $137,808
2015 $3,251 $261,437 $125,699 $135,738
2014 $3,270 $256,317 $123,237 $133,080
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Crystal Ferris

    Arroyo Real Estate

    (909) 289-2002

    1 in this area

    16 Total Sales

    Crystal Ferris
    Section Image

  • L

    Seller Co-Listing Agent in 2024

    Loryn Cervenka

    Backbeat Homes

  • C

    Buyer's Agent in 2024

    CLARENCE YEUNG

    eXp Realty of California Inc

  • J

    Buyer Co-Listing Agent in 2024

    JACK CHANG

    eXp Realty of California Inc

  • Thomas O'Rourke

    Seller's Agent in 2023

    Thomas O'Rourke

    Berkshire Hathaway HomeServices California Properties

    (310) 770-0221

    5 in this area

    55 Total Sales

    Thomas O'Rourke
    Section Image
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Map

Source: The MLS

MLS Number: 24-392261

The MLS

APN: 2378-034-037

California Los Angeles County Studio City 91604

11541 Laurelcrest Dr, Studio City, CA

Not Listed for Sale

Detached

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