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Under ContractSingleFamilyResidence

12023 Laurel Lane

Studio City, CA, 91604

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$1,895,000

Original list price: $2,200,000

MLS: SR26128377

Beds

4

Baths

3

Sq Ft

2,880

Lot

0.11 ac

Year Built

1959

MLS #

SR26128377

Days on Market

118

Listed

Jul 1, 2026

Description

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, cafés, 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!

Location

Studio City, Los Angeles County, CA 91604

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Listed by: Poupee Komenkul · Rodeo Realty

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$14,700

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $189,500 · Loan: $1,705,500

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$11,716
Property tax (1.25%)
$1,974
Homeowners insurance
$300
Mortgage insurance
$711
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 22, 2026

30-year fixed
7.32%
15-year fixed
6.68%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Studio City home with as little as 3.5% down using an FHA loan — roughly $66,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Studio City, CA 91604 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.