Named after the studio that the neighborhood was anchored around, Studio City has become a mecca for those interested in working in the film industry and living among the stars. Currently home to celebrities like Miley Cyrus and George Clooney, Studio City is considered an up-and-coming LA neighborhood where people can find magnificent real estate amid exclusive neighborhoods.
In 2008, the population was estimated to be about 37,000 people, and it’s expected that the number of residents has increased since that time. Those who live in Studio City have access to a variety of community amenities, such as the Studio City Recreation Center and Woodbridge Park. In addition, the neighborhood is nearby the Carpenter School District, which is a charter school system that is heralded for its excellence in education.
Studio City is filled with exclusive developments that boast luxury homes. For example, The Silver Triangle is a neighborhood located just off Ventura Boulevard, and is within walking distance to many of the best retail and dining options in Studio City. The variety of homes for sale in Studio City is attractive to buyers of all ages and stages. Another neighborhood that is in high demand amongst home buyers is Las Donas, a series of streets that feature homes with retro-chic style. Currently, the median sales price for homes for sale in Studio City is about $1.2 million, and prices have increased by about 11 percent in the last year. Real estate experts anticipate that prices will continue to rise in the coming year, as people notice the potential within this blossoming LA neighborhood.
Those who want to live in luxury just like the celebrities do will love what Studio City has to offer. Contact our real estate team today to learn more about this community and its current market conditions.