Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

3721 Eureka Drive

Studio City, CA, 91604

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$8,500,000

MLS: 25624467

Beds

9

Baths

12

Sq Ft

10,000

Lot

1.92 ac

Year Built

2025

MLS #

25624467

Days on Market

78

Listed

Jan 5, 2026

Description

View properties offer soul-lifting inspiration and soothing serenity. Views of those immovable majestic mountains that are themselves a work of natural art, are priceless.Everyday. Day after day. Watching dawn turn to dusk, and the soft pink light of twilight fading to reveal the ocean of sparkling diamond twinkling lights of the iconic city below. Views like those are a tonic for the soul. A beautiful life. 3717 and 3721 Eureka-A rare promontory flat lot perched off a quiet street, opening to an incredible entertainer's dream house. This exceptional property combines the rare trifecta of approved plans, substantial completed work, and irreplaceable location ready for an owner or developer to bring an extraordinary vision to life. Put your finishes on this extraordinary "top of the world" multi-structure compound estate that has already invested years of creative inspiration and steadfast dedication to secure, approved and paid plans from LADBS and the Mulholland Corridor Scenic Review Board for its architectural beauty. The hard part is done, now the fun part starts! Live in the already completed guest house, or not, while resuming immediate construction on the already completed foundation/framing and retaining walls for the main residence. You'll be celebrating your good fortune to live the life here in a greatly expedited time frame. Eureka is a world apart just moments to the best schools, dining and conveniences of vibrant Ventura Blvd this estate is adjacent to the city's most illustrious private schools Harvard-Westlake, Oakwood, Campbell Hall, and the coveted public education of Carpenter Community Charter School and Walter Reed STEAM Magnet Middle School. It's amazing to have these epic views, yet so close to all the major Hollywood studios, the world's best airport (Burbank), the best restaurants and shopping, as well as in close proximity to Van Nuys' private airport. Set below grade, invisible from the street, the estate's expansive lot (and 7 foot permitted security wall ) features a drive-in 3-car garage with elevator access to the house below, an additional 3-car garage behind security gates, a Pool and spa, a Pool House, a Casita with a Kitchen, plus a separate detached 1500sf Guest House with additional garage space. Everyone can park anywhere they want, and all your guests and staff will enjoy ample street parking on this comfortably wide street, so unusual for elevated hillside view property. A sport court fan? There is also a large, flat pad ideal for a pickleball court, sports court or soccer field of grass.

Location

Studio City, Los Angeles County, CA 91604

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Listed by: Craig Knizek · The Agency

Payment estimate

$59,345

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $850,000 · Loan: $7,650,000

%
Principal & Interest
$47,003
Property tax (1.25%)
$8,854
Homeowners insurance
$300
Mortgage insurance
$3,188
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $297,500 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.

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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