new - 2 days on rocket

12448 Laurel Terrace Dr, Studio City, CA, 91604

$349,999

0.14 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewValley
MLS #SR24096452
Lot Size0.14 Acres
StatusActive

About 12448 Laurel Terrace Dr

Whether you are a savvy developer, investor, or end user looking for their next project, don’t let this exceptional opportunity pass you by. Situated on a paved street amidst neighboring homes, this vacant lot presents endless potential. Nestled in the coveted Silver Triangle area of Studio City, just a block south of Ventura Blvd, this location offers convenience and prestige. Imagine the possibility of city views from a third-floor structure, enhancing the appeal of this already desirable property. The sloped terrain sets the stage for modern architectural designs, with full plans available upon request. Utilities including water, sewer, and electricity are readily accessible. Enjoy easy access to Ventura Blvd, the freeway, as well as nearby restaurants and shops. Plus, benefit from being in the esteemed Carpentey Elementary School District. Prospective buyers are encouraged to conduct their own due diligence to explore the promising potential of this residential gem.

Property Details

Property Features

Listing Office:

  • Office Name: House Of Seven Gables Real Estate Inc.
  • Office Phone: (714) 731-3777
  • Listing Agent: Noah Saha

Exterior Features

Exterior Information:

  • View: Valley

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • North Hollywood Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Robert A. Millikan Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Dixie Canyon Community Charter, Public Charter Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: At Sunswept and Laurel Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,999

Tax Information:

  • Annual Amount: $2,471
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

12448 Laurel Terrace Dr vs Los Angeles

2 DAYS ON ROCKET

-32 Days

$349,999

-$636.4K Less

KEY TAKEAWAY

This property is $636.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24096452

Listing Office:

  • Office Name: House Of Seven Gables Real Estate Inc.
  • Office Phone: (714) 731-3777
  • Listing Agent: Noah Saha

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 5:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2017Home Sold
$190,000
Apr 26, 2012Home Sold
$130,000
Jul 13, 2006Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,471$199,723
2020$2,397$197,676
2019$2,371$193,800
2018$1,773$190,000
2017$1,773$140,692

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2415580
7
/10
  • Dixie Canyon Community Charter

  • 4220 Dixie Canyon Ave

  • 1.19 miles

  • Public Charter Grades KG-5

school-card-donut-2415581
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.24 miles

  • Public Magnet Grades KG-6

school-card-donut-2415582
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 14.13 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2415583
5
/10
  • Robert A. Millikan Middle School

  • 5041 Sunnyslope Ave

  • 1.92 miles

  • Public Charter Grades 6-8

school-card-donut-2415584
4
/10
  • Studio

  • 2211 W Avenue 30

  • 9.97 miles

  • Public District Grades 6-8

High School

school-card-donut-2415585
8
/10
  • North Hollywood Senior High School

  • 5231 Colfax Ave

  • 1.93 miles

  • Public Magnet Grades 9-12

school-card-donut-2415586
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 6.51 miles

  • Public Magnet Grades 9-12

school-card-donut-2415587
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 13.19 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $188,867. The most common annual income of people living in Los Angeles, CA is $200k+. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12448 Laurel Terrace Dr

What is the listing price of this property?

The listing price of 12448 Laurel Terrace Dr property is $349,999.

What type of property is this?

The property 12448 Laurel Terrace Dr is land located in Studio City, California, 91604.

Is this property for sale now?

Active Listing: 12448 Laurel Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12448 Laurel Terrace Dr are:
Dixie Canyon Community Charter: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Robert A. Millikan Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
North Hollywood Senior High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,471 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 3, 2017 for $190,000. (source: MLS/tax record).

How much acreage is this property?

The property 12448 Laurel Terrace Dr is 0.14 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9160412448 Laurel Terrace Dr

This home is located at 12448 Laurel Terrace Dr in Studio City, CA and zip code 91604 in the The San Fernando Valley neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $349,999.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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