ActiveResidential · sale

12309 Viewcrest Road

Studio City, CA 91604

$28,000,000

  • 7 beds
  • 11 baths
  • 10,883 sq ft
  • 1.07 acres
  • Built 1938

Listed by Compass · MLS #26793259

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12309 Viewcrest Road, Studio City, CA 91604 · MLS #26793259

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1938.

Garage parking

4 garage spaces listed.

Property size

1.07 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A once-in-a-generation California modern architectural compound spanning over a lushly landscaped acre where scale, design and privacy converge to achieve an extraordinary level of luxury & sophistication in a peaceful setting in the Studio City foothills. Conceived by Koffka/Phakos Design as a series of interconnected pavilions, the newly remodeled and expanded 9800+ SF main residence is defined by its soaring volumes, natural materials and an unwavering commitment to craftsmanship. Hemlock-clad vaulted ceilings, imported stone, designer tile, sculptural light fixtures and walls of glass create a dialogue between structure and setting, blurring the line between indoors and out at every turn. The main living spaces unfold with dramatic yet restrained elegance, conveying a sense of quiet sophistication, anchored by a showcase kitchen of exceptional scale featuring bespoke cabinetry, statement stone surfaces, top-of-the-line appliances and seamless access to multiple entertaining terraces supported by a fully appointed service kitchen. The primary suite is a sanctuary unto itself, positioned to capture treetop vistas and natural light, with a spa level bathroom clad in imported stone and anchored by a hand carved solid travertine soaking tub. Five en suite secondary bedrooms and the living areas throughout echo the same level of material integrity and architectural clarity. The lower-level lounge provides a dedicated environment for large-scale entertaining centered around a generous sunken conversation area featuring a 120-inch flat screen, seven-seat bar, dual powder rooms and a catering kitchen.A newly constructed detached guest house with kitchen, laundry, two bathrooms, sauna & steam shower provides flexibility for rejuvenation, fitness, or extended stays completing a compound that functions as both a private estate and a fully realized lifestyle environment.Fleetwood doors disappear to reveal a true resort environment outside where pool, spa, lounge areas and outdoor dining spaces are woven into the landscape with intention and ease. The grounds themselves are a defining feature expansive, layered, and remarkably private offering a sense of retreat seldom found within city limits. Mature landscaping, fire feature, terraced gardens, an outdoor kitchen with pizza oven, barbecue & bar plus a yoga platform tucked beneath a canopy of trees all create a series of distinct outdoor venues equally suited for grand entertaining and quiet, contemplative moments.Balancing form and function, the property integrates security, fire sprinkler & Crestron smart home systems throughout. Exterior construction features fire-rated DensGlass sheathing, Sho Sugi Ban siding from Nakamoto Forestry and a standing seam steel roof materials thoughtfully selected to enhance resiliency while preserving the home's architectural vision. As demand intensifies for compounds of this scale, design pedigree, and privacy in the Valley just moments from the studios & Ventura Boulevard with seamless access to the Westside this premier estate stands among the area's most significant offerings, where design, setting, and privacy align with the expectations of today's most discerning buyers.

THE NEIGHBORHOOD

Explore the location.

12309 Viewcrest Road, Studio City, CA 91604

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1938
Full baths
3
Half baths
3
Garage spaces
4
Heating
Central
Appliances
Barbecue,ConvectionOven,DoubleOven,Dishwasher,GasCooktop,Disposal,GasOven,GasRange,Microwave,Oven,Range,Refrigerator,RangeHood,SelfCleaningOven,Dryer,Washer
Flooring
Stone,Wood
Pool features
Heated,Infinity,InGround,Lap
Spa
Yes
Zoning
LARE15
Parcel
2376008013

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$116,666.67
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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  1. Understand the opportunity.

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  2. Make a strong first impression.

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  3. Stay connected to your investment.

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Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26793259 · California Regional MLS

Listing brokerage: Compass
Listing agent: Karen Medved

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.