NOT LISTED FOR SALE

11975 Sunshine Terrace Studio City, CA 91604

Estimated Value: $1,986,000 - $2,290,000

5 Beds
3 Baths
2,543 Sq Ft
$845/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $1,100,000 $433 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $12,534/month

Highlights

  • Canyon View
  • Midcentury Modern Architecture
  • Bamboo Flooring
  • North Hollywood Senior High School Rated A
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of August 2023

Mid Century stunner South of the boulevard in Studio City. This two story, corner lot home features 5 beds and 3 baths with over 2,500 square feet of living space. The home offers a nice flowing open floor plan, oversized entertaining area, formal dining, kitchen with stainless steel appliances, center island and a breakfast area. The master suite includes a large walk-in closet, a resort style bathroom with dual sinks, an oversized shower and a terrace with scenic hillside views. Other bedrooms are good sizes and bright with large double paned windows. Enjoy the peaceful private backyard perfect for entertaining. Conveniently located to Carpenter School, Fryman Canyon, CBS Radford, access to West Hollywood and all the great shopping and dining on Ventura Blvd. Available for move-in beginning of July.

Last Agent to Rent the Property

Bruce Urena

Compass License #01904995 Listed on: 06/06/2023

Compass

Last Renter's Agent

Bruce Urena

Compass License #01904995 Listed on: 06/06/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,467

Year Built

  • Built in 1965

Lot Details

  • 6,321 Sq Ft Lot
  • Lot Dimensions are 65x99
  • South Facing Home
  • Property is zoned LAR1

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,543 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Canyon Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,500
  • Tenant pays for gardener, gas, trash collection, water, electricity, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 2369-021-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,467

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 12500
  • Tenant Pays: Gardener, Gas, Trash Collection, Water, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2543
  • Lot Acreage: 0.1451
  • Lot Dimensions: 65x99
  • Stories: 2
  • Year Built: 1965
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Bamboo, Terrazzo, Tile
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer, Range/Oven
  • Price Per S Q F T: 2.75

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 2369-021-025
  • Lot Size Area: 6321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Jul 14, 2016
Sold by
Asmar Thomas Matthew
Bought by
Rabba Victor and Rabba Huwaida
Seller's Agent
Ben DI Benedetto
Keller Williams Studio City
Buyer's Agent
Bruce Urena
Compass
List Price
$1,169,000
Sold Price
$1,100,000
Premium/Discount to List
-$69,000
-5.9%
Current Estimated Value
$2,148,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,367
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Asmar Arden Kaye
Bought by
Asmar Thomas Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,650
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Asmar Thomas Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,650
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2007
Sold by
Zargaryan Norik
Bought by
Hsbc Bank Usa Na and Deutsche Alt A Securities Mortgage Loan

Purchase Details

Closed on
May 9, 2006
Sold by
Avetian Levon
Bought by
Zargaryan Norik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Babloyan Vahe
Bought by
Avetian Levon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Muradyan Gevork
Bought by
Babloyan Vahe

Purchase Details

Closed on
Jan 24, 2003
Sold by
Babloyan Vahe
Bought by
Muradyan Gevork

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 14, 2003
Sold by
Nenedzhyan Azatui
Bought by
Babloyan Vahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 5, 2002
Sold by
Marshall Annette Love and Cooney Terrence
Bought by
Nenedzhyan Azatul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.96%
Source: Public Records

Range of Values:

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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
Rabba Victor $1,100,000 Fidelity Sherman Oaks
Asmar Thomas Matthew -- Commonwealth
Asmar Thomas Matthew $633,000 Commonwealth
Hsbc Bank Usa Na $975,000 Accommodation
Zargaryan Norik $1,400,000 Financial Title Company
Avetian Levon $1,200,000 Diversified Title & Escrow S
Babloyan Vahe -- --
Muradyan Gevork -- --
Babloyan Vahe -- --
Nenedzhyan Azatul -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asmar Thomas Matthew $569,650
Previous Owner Zargaryan Norik $980,000
Previous Owner Avetian Levon $840,000
Previous Owner Babloyan Vahe $75,000
Previous Owner Nenedzhyan Azatul $464,000
Closed Nenedzhyan Azatul $58,000
Closed Avetian Levon $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Rented $6,500 -7.1% --
08/01/2023 08/01/23 Under Contract -- -- --
07/20/2023 07/20/23 Price Changed $7,000 -6.7% $3 / Sq Ft
06/06/2023 06/06/23 For Rent $7,500 +25.0% --
07/17/2020 07/17/20 Rented $6,000 0.0% --
06/20/2020 06/20/20 Price Changed $6,000 -7.7% $2 / Sq Ft
05/20/2020 05/20/20 Price Changed $6,500 -5.8% $3 / Sq Ft
04/23/2020 04/23/20 For Rent $6,900 +15.0% --
04/24/2019 04/24/19 Under Contract -- -- --
04/23/2019 04/23/19 Rented $6,000 0.0% --
04/08/2019 04/08/19 Price Changed $6,000 -14.2% $2 / Sq Ft
03/19/2019 03/19/19 Price Changed $6,995 -6.1% $3 / Sq Ft
02/15/2019 02/15/19 Price Changed $7,450 -5.7% $3 / Sq Ft
01/31/2019 01/31/19 For Rent $7,900 0.0% --
08/08/2016 08/08/16 Sold $1,100,000 -3.3% $433 / Sq Ft View Prior Sale
07/07/2016 07/07/16 Pending -- -- --
07/01/2016 07/01/16 Price Changed $1,138,000 -2.7% $448 / Sq Ft
06/08/2016 06/08/16 For Sale $1,169,000 0.0% $460 / Sq Ft
11/03/2013 11/03/13 Rented $5,000 +2.0% --
11/03/2013 11/03/13 Under Contract -- -- --
10/24/2013 10/24/13 For Rent $4,900 -- --
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 $15,467 $1,276,640 $941,465 $335,175
2024 $15,467 $1,251,608 $923,005 $328,603
2023 $15,169 $1,227,067 $904,907 $322,160
2022 $14,490 $1,203,008 $887,164 $315,844
2021 $14,310 $1,179,420 $869,769 $309,651
2019 $13,816 $1,144,439 $843,972 $300,467
2018 $13,751 $1,122,000 $827,424 $294,576
2016 $8,378 $688,586 $461,343 $227,243
2015 $8,256 $678,244 $454,414 $223,830
2014 $8,285 $664,959 $445,513 $219,446
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-277563

The MLS

APN: 2369-021-025