NOT LISTED FOR SALE

11583 Sunshine Terrace Studio City, CA 91604

Studio City Area

Estimated Value: $2,965,000 - $3,324,537

5 Beds
6 Baths
4,200 Sq Ft
$738/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2024

Last sale price $3,365,000 $801 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $20,612 / mo

18 Days on Market

Highlights

  • Guest House
  • Two Primary Bedrooms
  • Maid or Guest Quarters
  • North Hollywood Senior High School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of June 2024

Owner may be willing to carry for this beautiful newer construction. Welcome to 11583 Sunshine Terrace, where brand-new modern construction seamlessly blends quality, functionality, and panoramic views! Boasting total square footage of approx. 4,185, which includes the attached Accessory Dwelling Unit (ADU), this meticulously designed home offers it all! Private & Gated Intercom Entry. Step into the first floor featuring a sunken living room with high vaulted ceilings, separate dining area, open family room, and a breakfast bar in the open kitchen adorned with stainless steel Thermador appliances. A thoughtfully designed floor plan also includes a powder room, a convenient laundry room, and a 2-car epoxy garage. An expansive 620 sq. ft. outdoor deck providing unobstructed Mountain Viewsperfect for entertaining. This home is built on a street to street lot with a Cul De Sac at the end of property.. This unique property also has options to build an additional ADU or Pool .Ascend to the second floor, where three en suite bedrooms await, including a Primary retreat complete with a fireplace and outdoor patio. This level exudes comfort and style, creating a haven for relaxation.The third floor offers versatile space that can be transformed into a theater, playroom, or guest quarters or 4th Bed featuring a separate entrance and a private office patio. Every detail of this home has been carefully considered, with Lutron lighting throughout, white oak 9.5-inch plank flooring, a surround sound system, and top-notch security.This special home also comes with three 75 Inch T,Vs already ready to go.The ADU, with its full kitchen and stainless steel appliances, provides a perfect retreat or additional income potential. This beautiful estate also features Solar Panels and two separate large storage rooms.The inclusion of a washer-dryer hookup also adds to the convenience. This Property is also available FOR LEASE for $15,995 Per Month. This does not include ADU. ADU can be leased for an additional $2,995 Per Month

Last Agent to Sell the Property

Todd Marks

Christie's International Real Estate SoCal License #01227834 Listed on: 04/05/2024

Christie's International Real Estate SoCal

Last Buyer's Agent

Michele Dunkin

Century 21 Masters License #01239233

Century 21 Masters

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 6,565 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Trees
  • Mountain
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Controlled Entrance

Additional Features

  • Open Patio
  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2369-035-015

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

6,565 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 4200
  • Lot Acreage: 0.1507
  • Stories: 2
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Master Retreat
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Equipment: Freezer, Garbage Disposal, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Built-Ins
  • Price Per S Q F T: 808.33

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Hills, Mountains, Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Controlled Entrance, Garage - 2 Car, Direct Entrance, Door Opener, On street, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2369-035-015
  • Lot Size Area: 6565

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 30, 2024
Sold by
Ot Sunshine Llc
Bought by
Seller's Agent
Todd Marks
Christie's International Real Estate SoCal
Buyer's Agent
Michele Dunkin
Century 21 Masters
List Price
$3,395,000
Sold Price
$3,365,000
Premium/Discount to List
-$30,000
-0.88%
Views
60
Current Estimated Value
$3,097,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$267,154
Avg. Annual Appreciation
-3.56%
Original Mortgage
$2,355,500
Outstanding Balance
$2,305,322
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$792,524

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 29, 2024
Sold by
Ot Sunshine Llc
Bought by
11583 Sunshine Terrace Trust and Sparschu
Seller's Agent
Todd Marks
Christie's International Real Estate SoCal
Buyer's Agent
Michele Dunkin
Century 21 Masters
List Price
$3,395,000
Sold Price
$3,365,000
Premium/Discount to List
-$30,000
-0.88%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,355,500
Outstanding Balance
$2,305,322
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$792,524

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 4, 2022
Sold by
Cho Inkyung
Bought by
Ot Sunshine Llc
Seller's Agent
Jonathan Waud
Keller Williams Studio City
Buyer's Agent
Todd Marks
Christie's International Real Estate SoCal
List Price
$1,800,000
Sold Price
$1,515,000
Premium/Discount to List
-$285,000
-15.83%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.16%
Original Mortgage
$984,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2022
Sold by
Mark H Wolf Trust
Bought by
Cho Inkyung

Purchase Details

Closed on
Aug 29, 2014
Sold by
Wolff Mark H
Bought by
Wolff Mark H and The Mark H Wolff Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Studio City, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,365,000 Stewart Title
11583 Sunshine Terrace Trust $3,365,000 Stewart Title
Ot Sunshine Llc $1,515,000 Stewart Title
Cho Inkyung -- None Listed On Document
Wolff Mark H -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,355,500
Closed 11583 Sunshine Terrace Trust $2,355,500
Previous Owner Ot Sunshine Llc $984,750
Previous Owner Wolff Mark H $250,000
Previous Owner Wolff Mark H $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $3,365,000 -0.9% $801 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $3,395,000 +124.1% $808 / Sq Ft
10/26/2022 10/26/22 Sold $1,515,000 -15.8% $513 / Sq Ft View Prior Sale
09/12/2022 09/12/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $1,800,000 -- $609 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $41,245 $3,500,946 $2,080,800 $1,420,146
2025 $41,245 $3,432,300 $2,040,000 $1,392,300
2024 $18,964 $1,545,300 $927,180 $618,120
2023 $18,596 $1,515,000 $909,000 $606,000
2022 $19,773 $1,667,700 $1,122,000 $545,700
2021 $6,717 $551,908 $193,162 $358,746
2020 $6,780 $546,250 $191,182 $355,068
2019 $6,515 $535,540 $187,434 $348,106
2018 $6,431 $525,040 $183,759 $341,281
2016 $6,125 $504,654 $176,624 $328,030
2015 $6,035 $497,074 $173,971 $323,103
2014 $6,059 $487,338 $170,564 $316,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-376625

The MLS

APN: 2369-035-015

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