25
Bedrooms
Sold for $6,300,000 · Nov 2020
SOLDListed at $6,800,000
Studio City, CA
MLS# 20643756
Roderick 'Rick' Raymundo
Listing Agent
Marcus & Millichap
DRE #: 01357019
Brokerage: Marcus & Millichap
25
Bedrooms
25
Bathrooms
14,577 sqft
Square Feet
1986
Year Built
6,099 sqft
Lot Size
$432
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Property
Property Type
Built in 1986, the property is not subject to Los Angeles rent control, instead allowing for higher annual rent increases. The current owner launched a successful value-add program that generated an average of $623 in additional monthly rent for each unit that was renovated, establishing higher levels of proven rents and creating a path for the next owner to increase cash flow and asset value. In addition to its superb location within desirable Studio City, another local highlight that directly benefits the property is the upcoming development of River Park directly across the street. Recently purchased by Harvard-Westlake School, the 16-acre site is projected to soon house several brand new athletic facilities, ponds, a jogging trail, and acres of green space. The entire area, including tennis courts, swimming pools, and parks, will be available for use by both Harvard-Westlake students as well as the general public.
Listing description from the November 2020 sale, as reported to CRMLS.
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2 recorded sales
4100 Whitsett Avenue sold for $6,300,000 in November 2020, 7.4% under its $6,800,000 list price, after 15 days on the market. That works out to $432 per square foot on 14,577 square feet. Across 177 closed sales in 91604 over the last 12 months, the median sold price is $1,855,000 and the median is $821 per square foot, 90% above this sale's $432.
| Quarter | Closed sales in 91604 | Median sold price |
|---|---|---|
| Q1 2026 | 11 | $2,625,000 |
| Q2 2026 | 85 | $1,810,000 |
| Q3 2026 | 69 | $1,910,000 |
| Q4 2026 | 12 | $1,511,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Studio City · Homes for sale in 91604
Closed sales reported in 91604, nearest first, last 12 months. All recent sales in Studio City →
4100 Whitsett Avenue
Contact Roderick 'Rick' Raymundo
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Contact Listing Agent
Marcus & Millichap
DRE #01357019
Contact information is not available for this listing.