NOT LISTED FOR SALE

11677 Valleycrest Rd Studio City, CA 91604

Estimated Value: $5,209,314 - $5,966,000

5 Beds
7 Baths
5,466 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $5,216,000 $954 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $34,910/month

6 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • North Hollywood Senior High School Rated A
  • City Lights View
  • Traditional Architecture

About This Home

As of April 2022

Timeless charm meets sleek luxury in this gorgeous turn-key traditional Cape Cod home. Rare cul-de-sac estate with stunning views in the highly coveted north of the Boulevard Fryman Canyon neighborhood of Studio City. Meticulously maintained and recently updated 5 beds/7 baths comprising +/- 5,400sf with excellent flow and floor plan. 4 beds upstairs, and all feature en-suite bathrooms. The oversized family room doubles as a home theater complete with state-of-the-art AV system, projector and hidden retractable screen. The lounge area with its built-in bar makes this home ideal for entertaining or enjoying a cozy night in. Oversized chef's kitchen features stainless steel appliances, Ceasar stone countertops, center island, and built-in breakfast area. The French doors in the family room open to the majestic outdoor living space featuring a grassy yard, swimming pool, jacuzzi, and heated dining area. The wood deck built around mature eucalyptus trees offers stunning views of the treetops, mountains, and the city. This home has been in the same family for 2 generations and is on the market for the first time in 50 years. Located within the Carpenter Avenue Elementary school district and close to Ventura Boulevard's finest shops and restaurants, this gem will not last!

Last Agent to Sell the Property

Jimmy Heckenberg

Rodeo Realty License #01910100 Listed on: 03/03/2022

Rodeo Realty

Last Buyer's Agent

Kevin Silver

License #01888127

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 84x160
  • Property is zoned LARE15

Property Views

  • City Lights
  • Valley

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,466 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room with Fireplace
  • Family Room on Second Floor
  • Breakfast Room
  • Dining Room
  • Home Office
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

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

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 2381-018-023

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 5466
  • Lot Acreage: 0.3509
  • Lot Dimensions: 84x160
  • Stories: 2
  • Year Built: 1972
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room, Master Bedroom
  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 5
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 7.00
  • Equipment: Built-Ins, Microwave, Refrigerator, Range/Oven, Washer, Dryer, Dishwasher, Ice Maker, Alarm System
  • Price Per S Q F T: 913.83

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Valley
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car, Garage Is Attached
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2381-018-023
  • Lot Size Area: 15287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 15, 2022
Sold by
Darryl And Vanessa Frank Family Trust
Bought by
Frankel Living Trust and Frankel
Seller's Agent
Jimmy Heckenberg
Rodeo Realty
Buyer's Agent
Kevin Silver
List Price
$4,995,000
Sold Price
$5,216,000
Premium/Discount to List
$221,000
4.42%
Current Estimated Value
$5,591,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,079
Avg. Annual Appreciation
1.77%
Original Mortgage
$3,651,200
Outstanding Balance
$3,404,097
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$2,186,982

Purchase Details

Closed on
Jun 18, 2003
Sold by
Frank Darryl B and Frank Vanessa J
Bought by
Frank Darryl

Purchase Details

Closed on
Aug 9, 2001
Sold by
Frank Darryl B and Frank Vanessa J
Bought by
Frank Darryl B

Purchase Details

Closed on
May 19, 1999
Sold by
Trust Frank Richard And Constance Trs Fr
Bought by
Frank Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frankel Living Trust $5,216,000 Chicago Title
Frank Darryl -- North American Title Co
Frank Darryl B -- --
Frank Darryl B -- --
Frank Darryl $750,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankel Living Trust $3,651,200
Previous Owner Frank Darryl $400,000
Closed Frank Darryl $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $5,216,000 +4.4% $954 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $4,995,000 -- $914 / Sq Ft
Source: The MLS

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 $65,994 $5,535,260 $3,412,844 $2,122,416
2024 $65,994 $5,426,726 $3,345,926 $2,080,800
2023 $64,701 $5,320,320 $3,280,320 $2,040,000
2022 $15,924 $1,295,726 $620,901 $674,825
2021 $15,713 $1,270,321 $608,727 $661,594
2020 $15,796 $1,257,297 $602,486 $654,811
2019 $15,184 $1,232,645 $590,673 $641,972
2018 $14,996 $1,208,477 $579,092 $629,385
2016 $14,273 $1,161,553 $556,606 $604,947
2015 $14,067 $1,144,107 $548,246 $595,861
2014 $14,112 $1,121,696 $537,507 $584,189
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-118045

The MLS

APN: 2381-018-023

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