4235 Mary Ellen Avenue 303
Los Angeles, CA, 91604
$895,000
Original list price: $1,050,000
MLS: 26933699
Beds
2
Baths
3
Sq Ft
1,842
Lot
0.34 ac
Year Built
1990
MLS #
26933699
Days on Market
50
Listed
Sep 3, 2026
Description
Yes, seriously, a $155,000 price adjustment that's a value game-changer! This exceptional penthouse townhome-style unit, just one block from Ventura Blvd, is spacious and light-filled: a 1,842-square-foot, two-bedroom, three-bath, two-level residence at the Regent Mary Ellen with an outstanding Studio City location. Double entry doors open to a welcoming foyer and an impressive living room with soaring approx. 17 ft two-story ceilings, a dramatic wall of windows, custom cable lighting spanning the room, and a gas fireplace. A dedicted walk-in mirrored wet bar room features a wine refrigerator, wine storage, glass shelving, and cabinetry. The adjacent dining room opens to both the living room and kitchen, creating an easy flow throughout the main living spaces. The generously sized kitchen offers granite countertops and backsplash, stainless steel appliances, double ovens, gas cooktop, abundant cabinetry, and counter space. An adjacent utility room features side-by-side washer and dryer hookups and a large pantry with pull-out storage. A conveniently located guest powder room is just off the foyer. The expansive main-level primary suite features 10' ceiling heights, its own fireplace, a wall of windows, approx. 28 feet of mirrored closets, plus a separate walk-in closet with built-in drawers and shelving. The en-suite bath includes a dual-sink vanity, separate glass-enclosed shower, and a jetted soaking tub. An open staircase rising from the living room leads to a versatile upper-level retreat, ideal as a second bedroom, home office, or den, with its own 3/4 bath and direct access to a spacious private rooftop terrace. Fenced and gated, the terrace provides mountain views and ample space for outdoor dining, entertaining, and BBQs. Built in 1990, the beautifully maintained modern Mediterranean-style building features striking security entry doors with visual intercom to your unit, a remodeled lobby and hallways, two elevators, guest parking, and a gated subterranean garage with two tandem parking spaces across from the elevator. Extensive roof work was accomplished in 2022; the exterior was recently painted, and the HOA provides for earthquake insurance, water, sewer, and trash removal. No steps or stairs separate the subterranean parking from the unit's main level. Just moments from some of Studio City's best restaurants, shopping, and entertainment, and only a half block from the LA Riverwalk, this distinctive residence offers a rare combination of dramatic interior volume, abundant natural light, private outdoor space, and an exceptionally convenient Studio City lifestyle.
Location
Los Angeles, Los Angeles County, CA 91604
Open on Google Maps ↗Listed by: Matt Fonda · Coldwell Banker 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
$7,651
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $89,500 · Loan: $805,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,533
- Property tax (1.25%)
- $932
- Homeowners insurance
- $300
- Mortgage insurance
- $336
- HOA dues
- $550
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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,325 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
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