tomo logo

$1,199,000

Beds
3
Baths
2.0
sq ft
1,246

3844 Ridgemoor Dr, Studio City, CA 91604

3844 Ridgemoor Dr

Studio City, CA 91604

  • 213 days on market
    • Price drop $100,000↓
Perched in a peaceful Studio City neighborhood located within the coveted Carpenter School District, and a short walk to a plethora of top rated restaurants & shops along Ventura Blvd. This 3bd/2bh hillside haven features a spacious living room, open kitchen w/separate dining, a master bedroom/ensuite bathroom that leads to a rear-to-front wraparound patio perfect for entertaining, gardening, and relaxation with breathtaking mountain views. This unique property also includes a detached oversized 2-car garage (potential ADU), and sits on a 12,138 sqft lot that includes not one, but TWO streets (w/2 separate addresses) 3786 Berry Dr. with the OPTION to expand your horizons by acquiring the adjacent 8,078 sqft vacant lot (APN#2378-023-019/3854 Ridgemoor Dr) and develop two houses + another possible ADU (The LOT is an addt'l cost) totaling 20,216 sqft, approx.180 sqft of street frontage if combined. Previous plans designed by an architect featuring a rendering for a modern 3,133 sqft tri-level home, 3bd/3bh + office/workout room, soil report, topo survey, slope analysis, architectural, civil, structural, construction/structural analysis report and landscaping along with some public review approval document (all are subject to re-approval by the city) etc...all included and will be provided to pre-qualified buyer. **Renderings outline the proposed concept to convey a general Idea of what could be built, the pool/rooftop deck to enhance the overall concept and are not in the original plans** Unlimited potential to add your own personal touch, invest, develop and/or take advantage of the footprint by renovating & expanding the existing home creating a spacious three story compound.

Details

Property type

Single Family Residence

Est. home value

$1,390,658

Property condition

Fixer

Lot size

0.2787 acres

Price per sq ft

$963

Year built

1952

HOA

No

Price History

01/17/2024
CLAW

CLAW #23328865

Listed
$1,199,000

Schools & Community

Neighborhood: 

Studio City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank Fa

Loan start date

August 2002

Original loan amount

$192,000

Est. remaining balance

Not provided

Interest rate

6.63%

Loan type

Credit Line (Revolving)

Seller

Bruce Kenyon Young Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

New
CLAW
$1,100,000
3 bd
|
3 ba
|
1,818 sq ft
|
House

4188 Sunswept Dr, Studio City, CA 91604

CRMLS
$1,200,000
2 bd
|
2 ba
|
1,093 sq ft
|
House

11405 Sunshine Ter, Studio City, CA 91604

New
CLAW
$1,049,000
3 bd
|
2.5 ba
|
1,796 sq ft
|
Townhouse

11629 Acama St, Studio City, CA 91604

Status: Active

Tomo last checked: 07/01/2024 at 8:50 AM

Listing updated: 04/30/2024 at 12:32 PM

Listed by: Tamara Norgren, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #23328865

CLAW logo

Recently listed in Studio City