RealtyLens
for saleRealtyLens property overview
$1,490,000

3914 Carpenter Ave

Studio City, CA, 91604
View more Studio City, CA property pages
2Beds
2Baths
1,402Sqft
$1063$/sqft

Listing Notes

Situated south of the boulevard in the heart of Studio City, this rare opportunity, with strong SB-9 development potential, offers a completely flat and fully usable lot in one of the area's most sought-after neighborhoods. Located within the highly desirable Carpenter Community Charter School district and surrounded by beautiful multi-million dollar homes, 3914 Carpenter Ave presents endless potential for homeowners, developers, and investors alike. Filled with charm and natural light, the home features inviting living and dining spaces that create a warm and welcoming atmosphere. The kitchen offers a true blank canvas with views overlooking the expansive backyard and pool, while both bedrooms are generously sized with primary-suite potential, providing comfort and flexibility for a variety of living arrangements. Whether you envision building your dream home, expanding the existing residence, or creating a valuable investment property, the possibilities on this oversized lot are exceptional. The property offers prime positioning with exceptional upside in a neighborhood known for strong long-term value and demand. Just moments from Ventura Boulevard, enjoy easy access to some of Studio City's best restaurants, cafes, boutiques, and entertainment. With its unbeatable location, flat usable land, and proximity to major studios and the Westside, this is a unique opportunity to create something truly special in one of Los Angeles' most coveted communities.

Market Insights

Above nearby median+30%

$1063/sqft vs a nearby median of $820/sqft.

Nearby median$820/sqft
Nearby properties3
Property size1,402 sqft
  • +30% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,402 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.18M$1.04M$1.31M · 25% confidence
vs ask $1.49M+$311k (+20.9%)

Asking price is about 20.9% above where comps + adjustments land — there is room to negotiate.

$820/sqft median across 3 tight comps × 1,402 sqft= $1.15M
  • Pre-war character+$29k +2.5%
Cumulative NYC adjustments+$29k+2.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+30% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
0 days
Last price change
No change recorded
Listed
May 12, 2026
Photos
24 photos
Property type
single family
Status
for sale
Garage
2 spaces

Features & Amenities

Central AirCentral HeatSecurity FeaturesDining RoomDishwasherFireplaceHardwood FloorsWasher DryerSwimming PoolTwo Or More StoriesGarage 1 Or MoreGarage 2 Or MoreInvestment OpportunityViewsOversized LotDen

Photos

Price History

May 13, 2026Initial record
$1,490,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.