ActiveSingleFamilyResidence

12455 Milbank Street

Studio City, CA, 91604

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$1,649,000

MLS: 26726107

Beds

4

Baths

3

Sq Ft

2,012

Lot

0.17 ac

Year Built

1954

MLS #

26726107

Days on Market

29

Listed

Apr 14, 2026

Description

Located on a quiet street in the heart of Studio City, this newly remodeled 4-bedroom, 3-bathroom home offers modern comfort in an unbeatable location just moments from Ventura Boulevard. The residence showcases a brand-new kitchen, beautifully updated bathrooms, and new flooring throughout, creating a fresh, contemporary aesthetic. A bright, open floor plan with generous living spaces and abundant natural light makes the home ideal for both everyday living and entertaining. Well-proportioned bedrooms and a functional layout provide flexibility for families, guests, or home office needs. For investors or future expansion, the property includes RTI plans for a garage conversion ADU as well as an additional two-story structure in the backyard with a private entrance from Whitsett Avenue--offering exceptional income or multi-generational potential. Enjoy close proximity to top dining, shopping, and entertainment, along with easy access to major studios, the 101 and 134 freeways, and nearby parks and hiking trails--all while savoring the charm and tranquility of a residential neighborhood. A rare opportunity to own a turnkey home in one of Studio City's most desirable locations.

Location

Studio City, Los Angeles County, CA 91604

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Listed by: Robin Gaur · Compass

Payment estimate

$11,890

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $164,900 · Loan: $1,484,100

%
Principal & Interest
$9,254
Property tax (1.25%)
$1,718
Homeowners insurance
$300
Mortgage insurance
$618
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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 $57,715 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

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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

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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.