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$2,350,000
●
House -
For Sale
3866 Alta Mesa Drive
Studio City, CA 91604
5 Beds
4 Baths,
1
Half Bath
3,219 Ft²
$11,539
Est. Monthly
About This Property
Once the private retreat of a Grammy-nominated recording artist,
this renovated home offers sweeping canyon views from nearly every
room, just moments from Ventura Boulevard. This home features
5 bedrooms and 4.5 baths plus another bed and bath in the ADU.
Enjoy it's seamless indoor-outdoor flow, and modern kitchen with
large island and stainless appliances. The primary suite includes a
fireplace, dual walk-in closets, and a spa-style bath with soaking
tub and rainfall shower. A professionally soundproofed recording
studio anchors the lower level. Great for your creative space,
office or easily transitions back into a bedroom. Multiple decks
overlook the canyon. Two-car garage with EV charger, additional
parking, and gated courtyard. The separate 345 sq. ft. guest
house/ADU with private entry includes a kitchenette, bath, and
canyon-view sliders.
Unit Size
3,219 Ft²
Days on Market
101 days
Land Size
0.23 acres
Price per sqft
$730
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (SDMLS #PTP2605104)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Listed by Black Label Realty | $2,350,000 | |
| Listed by Black Label Realty | |||
| Jan 29, 2026 | Listed by Black Label Realty | $2,499,000 | |
| Listed by Black Label Realty | |||
   | |||
|
Once the private retreat of a Grammy-nominated recording artist, this renovated home offers sweeping canyon views from nearly every room, just moments from Ventura Boulevard. This 4 bedroom 4 bath + ADU single family home features seamless indoor-outdoor flow, and a modern kitchen with large island and stainless appliances. The primary suite includes a fireplace, dual walk-in closets, and a spa-style bath with soaking tub and rainfall shower. A professionally soundproofed recording studio anchors the lower level. Great for your creative space, office or easily transitions back into a bedroom. Multiple decks overlook the canyon. Two-car garage with EV charger, additional parking, and gated courtyard. The separate 345 sq. ft. guest house/ADU with private entry includes a kitchenette, bath, and canyon-view sliders.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Driveway, Garage, DoorMulti
Garage Spaces: 2
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: PrimarySuite
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 3219
Square Footage Source: $0
Year Built: 1979
Levels: Three Or More
Pool Features: None
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Utilities Details
Cooling Type: Central Air, Zoned
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Mark Quesada, Black Label Realty
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PTP2605104
Last Updated: 3 months ago
Data Source: CRMLS, MLS# PTP2605104
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