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$1,895,000
● House - For Sale

12023 Laurel Lane

Studio City, CA 91604
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,880 Ft²
Upcoming Open House
1PM - 4PM, Sun, Oct 18 -
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$9,305
Est. Monthly

About This Property

ADDITIONAL $100,000 PRICE REDUCTION! CURRENT APPRAISAL AT $2.2 MILLION! An exceptional opportunity to own a custom-built architectural residence tucked away on a peaceful cul-de-sac in one of Studio City's most sought-after neighborhoods. With a current appraisal at $2.2 million, this newly reduced property offers buyers a compelling opportunity to purchase a substantial Studio City home at an outstanding value. Designed and custom built with quality in mind, the residence showcases impressive scale, distinctive architecture, and craftsmanship rarely found in today's construction. From the moment you arrive, clean contemporary lines, a dramatic entry, and beautifully manicured grounds create a memorable first impression.  Inside, soaring ceilings, exposed beam details, oversized rooms, abundant natural light, and thoughtfully designed living spaces provide the perfect balance of grandeur and comfort. The expansive floor plan is ideal for everyday living and entertaining, with generous proportions and custom details throughout. Its architectural integrity and quality construction also provide an incredible canvas for a buyer who wants to personalize the home over time. The impressive primary suite is a true retreat, featuring dramatic vaulted ceilings with exposed beams, a fireplace, and exceptional scale rarely found in newer homes. Outdoor living is equally inviting. The beautifully landscaped backyard offers a private sanctuary surrounded by mature greenery, expansive entertaining areas, and covered patio spaces for year-round enjoyment. The setting provides privacy, tranquility, and quintessential Southern California indoor-outdoor living. Located in the heart of Studio City, Laurel Lane offers peaceful residential living just moments from Ventura Boulevard's renowned restaurants, shopping, cafes, and entertainment, and is within walking distance of award-winning Carpenter Community Charter School.  With an additional $100,000 price reduction and a current $2.2 MILLION APPRAISAL, this is a tremendous opportunity for buyers seeking architectural character, generous living space, quality construction, privacy, and long-term value in Studio City. Exceptional value, exceptional scale, and a prime Studio City location!
Unit Size
2,880 Ft²
Days on Market
109 days
Land Size
0.11 acres
Price per sqft
$658
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

Listed By

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Last updated: 3 days ago (CRMLS #SR26128377)

Price History

Date / Event Date Event Price
Oct 10, 2026 Relisted $1,895,000
Relisted
Oct 6, 2026 In contract -
In contract
Sep 18, 2026 Price Decreased $1,895,000
↓ $100K (5%)
Price Decreased
Jul 24, 2026 Price Decreased $1,995,000
↓ $205K (9.3%)
Price Decreased
Jun 12, 2026 Listed by Rodeo Realty $2,200,000
Listed by Rodeo Realty

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, AllBedroomsUp, PrimarySuite
Appliances: Double Oven, Dishwasher, SixBurnerStove
Flooring Type: Carpet, Wood
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Great Room, Bedroom
Exterior Details
Square Footage: 2880
Square Footage Source: $0
Architectural Style: Contemporary, Custom
Year Built Source: Assessor
Year Built: 1959
Levels: Two
Construction Materials: CopperPlumbing
Patio and Porch Features: See Remarks
Pool Features: None
Lot Features: Front Yard
Lot Size Area: 4738
Lot Size Units: Square Feet
Lot Size Acres: 0.1088
Lot Size Square Feet: 4738
Tax Lot: 5
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 7
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,737
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 590
  • Total Building Area: 2,880
  • Building Area: 2,880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 7480
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT NO 7480 LOT/SEC 5

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 143801

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 23-C5
  • Subdivision Tract Number: 7480
  • Parcel: 2369-020-012
  • Lot: 5
  • Municipality: NORTH /STUDIO CITY
  • Latitude: 34.139
  • Longitude: -118.392

    Address

  • Full Address: 12023 Laurel Ln
  • Address - House Number: 12023
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Studio City
  • Carrier Code: C020
  • 4-Digit Zip Code: 3713
  • Zip Code: 91604

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $337,438
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 2,141,560
  • High Value: 2,635,452
  • Low Value: 1,647,668

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,109
  • Assessed Land Value: $52,751
  • Assessed Improvements Value: $209,358

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Valley


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Frequently Asked Questions

When was property at 12023 Laurel Lane built and last sold?
The property at 12023 Laurel Lane was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12023 Laurel Lane is $1,913,247.
What are some comparable homes to 12023 Laurel Lane?
There are currently no comparable homes to 12023 Laurel Lane.