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3914 Carpenter Ave
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
$1063/sqft vs a nearby median of $820/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
Asking price is about 20.9% above where comps + adjustments land — there is room to negotiate.
- Pre-war character+$29k +2.5%
Property Read
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 history is still limited; review again as more market activity becomes available.
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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