Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11729 Laurelwood Dr Studio City, CA 91604

    Sponsored
    For Sale
    $1,499,000

    LAND - Studio City, CA

    Lot size:
    0.47 Acres
    Days on Market:
    18
    Last Refresh:
    Feb 3 at 6:06 am

    Property Features for 11729 Laurelwood Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR1
    APN
    2369-028-031
    Lot size
    0.47 Acres

    We can help!

    Listing Contact
    Linda Mcclendon
    Linda Mcclendon

    Rodeo Realty (310) 471-2600

    Listing agent Linda Mcclendon (310) 724-7100 License #02069767

    Listing date Jan 17, 2026

    MLS# 26635757

    Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Studio City View Lot

    This fabulous 20,400 sf lot offers an unobstructed expansive view, stretching from Cahuenga Pass and Universal Studios to Valley Circle and wraps to the surrounding hillside on both sides. At night, the Valley lights views are simply spectacular. The property is zoned LAR1. It is suited for building a gated estate home, and already has a long driveway leading to a flat pad. Alternatively, with approximately 127' of frontage, a lot split and the construction of two homes is possible. Soils, geological, survey, topo and other reports and studies are available. The property is located in Studio City, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bliss Church

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Studio City
    County
    Los Angeles
    State
    California
    Longitude
    -118.387741
    Latitude
    34.139771

    Nearby Similar for Sale

    • $969,000

      Spacious Townhome in Studio Village

      Desirable end-unit townhome with 3 bedrooms and community amenities.
      4185 Colfax Ave, Studio City, CA 91604
      View Details
    • $799,000
      1,055 SF

      Studio City Three-Bedroom Condo

      Rare top-floor condo in desirable Colfax Meadows neighborhood.
      4370 Troost Ave, Studio City, CA 91604
      View Details
    • $689,000
      1,247 SF

      Studio City Townhouse with Upgrades

      Remodeled townhouse with modern finishes, near Universal Studios and Lakeside Golf.
      11100 Acama St, Studio City, CA 91602
      View Details
    • $739,000
      1,182 SF

      Renovated Studio City Condo

      Updated 2-bed, 2-bath condo in desirable Colfax Meadows neighborhood.
      11640 Woodbridge St, Studio City, CA 91604
      View Details
    • $899,000

      Studio City Upgraded Unit

      Spacious 2 bed, 3 bath unit near Ventura Blvd.
      4173 Colfax Ave, Studio City, CA 91604
      View Details
    • $1,349,000
      1,680 SF

      Studio City Penthouse with Views

      Rare penthouse near CBS Radford Studios with unobstructed views.
      12050 Guerin St, Studio City, CA 91604
      View Details
    • $1,475,000
      14 SF

      Creative Office Space For Sale

      Creative office spaces with top-tier finishes, high ceilings, and balconies.
      3450 Cahuenga Blvd, Studio City, CA 91604
      View Details
    • $395,000

      Studio City Bistro and Cake House

      Bistro and Cake House in Studio City for sale.
      12930 Ventura Blvd, Studio City, CA 91604
      View Details
    • $2,895,000
      5,988 SF

      Studio City Commercial Property For Sale

      Commercial property in Studio City with retail and apartment space.
      3783-3785 Cahuenga Blvd West, Studio City, CA 91604
      View Details
    • $945,000
      1,480 SF

      Spacious Condo with Charming Features

      Three-bedroom, three-bathroom condo with fireplace, balcony, and chef’s kitchen.
      12044 Hoffman St, Studio City, CA 91604
      View Details
    • Contact for pricing

      Fully Leased Studio City Office

      100% leased office building in Studio City.
      4343 Lankershim Blvd, Studio City, CA 91602
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 20,400 sf lot with expansive, unobstructed views.
    Where is this residential land & home lot located?
    The property is located at 11729 Laurelwood Dr Studio City, CA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Enjoy an unobstructed, expansive view stretching from Cahuenga Pass and Universal Studios to Valley Circle and surrounding hillsides.; - Large 20,400 sf lot suitable for building a gated estate.; - Potential for lot split and construction of two homes (approximately 127' of frontage).
    (310) 724-7100
    Request Owner's contact information
    11729 Laurelwood Dr Studio City, CA 91604
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11729 Laurelwood Dr
    Studio City, CA 91604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11729 Laurelwood Dr Studio City, CA 91604
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Linda Mcclendon
    Linda Mcclendon
    Real Estate License ID: 02069767
    (310) 724-7100
    Learn more
    Google sign-in failed. Please try again or use another login method.