NOT LISTED FOR SALE

12242 Laurel Terrace Dr Studio City, CA 91604

Estimated Value: $457,000 - $668,000

0.13 Acre
$4,232,785 Price per Acre
6,000 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $220,000

Est. 150% increase in value since last sale

Current estimated payment $3,135/month

74 Days on Market

About This Lot

As of January 2018

One of the last remaining lots in the coveted 'Silver Triangle' of Studio City! This upslope lot has upper views and potential to be a multi-million dollar home. Located within the Carpenter School District (buyer to confirm before purchase). Seller has survey and slope analysis. Great for development or buy & hold for a later date in a massively desirable neighborhood.

Last Agent to Sell the Property

Frank Bruno

Keller Williams Hollywood Hills License #01168676 Listed on: 11/08/2017

Keller Williams Hollywood Hills

Last Buyer's Agent

Frank Bruno

Keller Williams Hollywood Hills License #01168676 Listed on: 11/08/2017

Keller Williams Hollywood Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,048

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 2376-006-006

Property Details

Property Type

Land

Est. Annual Taxes

$3,048

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 2376-006-006
  • Geocode Override: No
  • Lot Size Area: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 17, 2018
Sold by
Tirizian John
Bought by
Weinstein Lee
Seller's Agent
Frank Bruno
Keller Williams Hollywood Hills
Buyer's Agent
Frank Bruno
Keller Williams Hollywood Hills
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%
Current Estimated Value
$550,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,262
Avg. Annual Appreciation
12.59%

Purchase Details

Closed on
Feb 11, 2003
Sold by
Titizian John
Bought by
Titizian John H and Titizian Elizabeth
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
Weinstein Lee $220,000 Stewart Title Company
Titizian John H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $220,000 -11.6% --
01/21/2018 01/21/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $249,000 -9.5% --
11/08/2017 11/08/17 For Sale $275,000 -- --
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 $3,048 $250,321 $250,321 --
2024 $3,048 $245,413 $245,413 --
2023 $2,989 $240,601 $240,601 $0
2022 $2,848 $235,884 $235,884 $0
2021 $2,817 $231,259 $231,259 $0
2020 $2,844 $228,888 $228,888 $0
2019 $2,732 $224,400 $224,400 $0
2018 $2,129 $169,766 $169,766 $0
2017 $2,081 $166,438 $166,438 $0
2016 $2,040 $163,175 $163,175 $0
2015 $2,010 $160,724 $160,724 $0
2014 $2,017 $157,576 $157,576 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Bruno

    Seller's Agent in 2018

    Frank Bruno

    Keller Williams Hollywood Hills

    (310) 309-7226

    31 Total Sales

    Frank Bruno
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Map

Source: The MLS

MLS Number: 17-287782

The MLS

APN: 2376-006-006

California Los Angeles County Studio City 91604

12242 Laurel Terrace Dr, Studio City, CA

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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