Studio City Real Estate
Just over the hill from the bustle of Hollywood, Studio City was named following the 1924 development of what is now CBS Studios by Mack Sennett. A few Studio City neighborhoods stand on the grounds of employee housing built at that time.
Today, Studio City resident’s live among the entertainment industry’s elite - actors, musicians and sports figures. Those living in Studio City are generally wealthy, a little bit younger on average than neighboring areas and tend to be professionals in their field.
Studio City has an ideal location, slung halfway between beach communities and downtown LA and within an easy commute to Hollywood and Beverly Hills. The area has a feel of being in the center of all of the action in the city.
Moderately priced compared to Beverly Hills and Bel Air, Studio City real estate is known for mid-century modern gems, wide tree lined streets and fabulous views from luxurious hillside estates.
The real estate market in Studio City is brisk with houses in the $1M range lasting about two weeks on the market while higher end properties in the $5M an up range selling in a month or two.
Studio City - Upscale Neighborhoods
Mack Sennett began building what is now CBS Studios in 1927. Back then Studio City was the place for cast and crew to live. Since then multiple periods of development have resulted in beautiful tranquil tree lined streets dotted with mid-century modern architectural gems. It’s all tied together with the amenities available in the bustling Ventura Boulevard business district. So many choices but no poor ones!
To get you started, here is a quick snapshot of the area based upon some simple real estate metrics :
Studio Village properties are on the market for an average of 34 days with a median asking price of $650,000.
Woodbridge Park properties are on the market for an average of 42 days with a median asking price of $659,950.
Beemam Park properties are on the market for an average of 14 days with a median asking price of $1,204,950.
The Grove properties are on market for an average of 14 days with a median asking price of $1,347,000.
Colfax Meadows properties are on the market for an average of 26 days with an median asking price of $1,488,000.
Longridge Estates properties are on the marketing for an average of 45 days with a median asking price of $2,004,900.
Footbridge Square properties are on the market for an average of 18 days with a median asking price of $2,100,000.
Silver Triangle properties are on the market for an average of 25 with a median asking price of $2,190,250.
Sunshine Hill properties are on the market for an average of 48 days with a median asking price of $2,395,000.
The Doñas properties are on the market for an average of 36 days with a median asking price of $2,495,000.
Landale Square properties are on the market for an average of 14 days with a median asking price of $2,794,950.
Wrightwood Estates properties are on the market for an average of 26 days with a median asking price of $2,799,500.
Coldwater Canyon properties are on the market for an average of 51 days with a median asking price of $5,452,450.
Fryman Canyon properties are on the market for an average of 59 days with a median asking price of $7,480,000.
Studio City Lifestyle
Like its neighbors to the west, Encino and Sherman Oaks, Studio City is home to a section of Ventura Boulevard replete with independent retail shops and fabulous restaurants.
The section of Ventura in Studio City has a special claim to fame. Know as “sushi row” it is home to a number of the best sushi spots in all of Los Angeles. Starting with the Michelin starred Asenabo and including Sugarfish and Katsu-Ya among others, the depth on this bench is such that you could spend years here without feeling like you needed to travel for a change of pace.
If eating in is more your style, Studio City has you covered with the Studio City Farmers Market which is open every Sunday, rain or shine from 8AM to 1PM. Its vendors offer fresh local produce, hot food, packaged food, beverages and local artisan manufactured goods - every thing your gourmet cooking might require!
With all of this talk of eating, you might also want to get out on the hiking trail to burn a few calories and take in some beautiful Santa Monica foothill scenery at Fryman Canyon, Tree People, or Wilacre Park.
Studio City Commute Times
Studio City to Santa Monica drive time average 45 minutes via I-405S.
Studio City to downtown LA drive time average is 31 minutes via US-101 S.
Studio City to Hollywood drive time average is 20 minutes.
Studio City to Beverly Hills drive time average is 22 minutes via Mulholland Dr and Coldwater Canyon Dr.
Studio City to Burbank drive time average is 18 minutes via W Olive Ave
Studio City to LAX drive time average is 48 minutes via I-405 S.
Studio City Real Estate FAQs
What are the price ranges for homes in Studio City?
It really depends on the neighborhood. The median listing price for Colfax Meadows is about $1.5M. The median listing price for The Doñas is about $2.5M. The median listing price for Coldwater Canyon is about $5.5M and the median listing price for Fryman Canyon is about $7.5M.
How does Studio City real estate compare with Beverly Hills or Bel Air?
The median listing price for Studio City as a whole is $2.4M. The median listing price for Beverly Hills is $4.5M. The median listing price for Bel Air is $5.5M.
Why should I decide to live in Studio City?
You could say location, location, location base upon its central location relative to the centers of the entertainment business but that would be selling Studio City short. It really is a fabulous combination of location, value for your real estate investment, great neighborhood aesthetics and amenities and a solid feeling of community.
Where do you get the best sushi in Los Angeles?
We might be a little biased here, but “sushi row” on Ventura Boulevard is our hands down favorite. Start with the Michelin starred Asenabo, then try Sugarfish and Katsu-Ya and get back to us with your thoughts.