How Much Does a 3-Bedroom Home Cost in Studio City Right Now?

Short answer: about $1.85M for a 3-bedroom house in the flats north of Ventura, going by the 3-bedroom houses Redfin shows as sold in Studio City over the six months to early October 2026. Most flats sales landed between about $1.75M and $2.1M, the hills ran higher, and the cheapest went for about $1.45M.

Studio City is one of the San Fernando Valley's most desirable neighborhoods, known for its walkability, top-rated schools, and strong sense of community. If you're wondering what a 3-bedroom home actually costs here, the honest answer is that it depends heavily on where in Studio City you're looking and what condition the home is in.

As of August 2026, here's what you need to know.

The three-bedroom number in Studio City is one of those figures that can mislead people who don’t know the area. A three-bedroom south of the Boulevard on a good street and a three-bedroom north of it closer to the freeway are priced very differently for reasons that have nothing to do with square footage. Location within Studio City accounts for as much variation as condition does.

The Price Range

Condos and townhomes start around $600K to $900K. Single-family homes on the flats north of Ventura typically run $1.2M to $1.8M, with larger or updated homes pushing to $2M. Hillside homes with views start at $2M and go well past $5M. Over the last six months, the median 3-bedroom house in Studio City sold for about $1.9M on Redfin, and about $1.85M in the flats.

What Drives the Price

Location is the biggest factor. Homes in the flats north of Ventura are more walkable, closer to schools and shops, and sit on smaller lots of around 5,000 to 7,000 square feet. Expect to pay roughly $1.45M to $2.1M. Hillside homes south of Ventura offer larger lots, privacy, and views but start at $2M and go up significantly from there. A 3-bedroom in the flats will typically be 20 to 40 percent less expensive than a comparable home in the hills.

School zones matter more here than almost anywhere else in the Valley. Homes within the Carpenter Community Charter zone command a 10 to 20 percent premium over similar homes outside it. A 3-bedroom inside the Carpenter zone might list at $1.6M while a similar home outside it lists at $1.3M. If schools aren't a priority, buying outside the most sought-after zones can save you real money.

Condition also moves the needle. If you're willing to renovate, buying a fixer in Studio City can offer 15 to 20 percent better value than a move-in-ready equivalent.

Lot size is the fourth variable. If a pool or significant yard is important to you, plan accordingly.

By Neighborhood Pocket

Colfax Meadows and the Carpenter zone run $1.5M to $2.2M. You're getting walkable streets, top schools, mid-century homes, and a strong community feel.

Woodbridge Park runs $1.2M to $1.7M, slightly smaller lots but still walkable to Ventura and reasonably close to Carpenter.

Fryman Estates in the hills starts at $2M and goes to $5M+. Larger lots, views, privacy, and modern construction.

Tujunga Village runs $1.1M to $1.5M. Walkable to local shops and cafes, smaller homes, strong neighborhood feel.

What $1.85M Gets You

At about $1.85M you're looking at 1,600 to 2,200 square feet, a 5,500 to 7,000 square foot lot, two to two-and-a-half bathrooms, mid-century or ranch-style architecture, an updated kitchen and bathrooms, a small to medium backyard, and two-car garage or driveway parking, in the flats and in or near the Carpenter zone.

What you probably won’t get at $1.85M: a large lot, new construction, a pool, hillside views, or four or more bedrooms.

How Studio City Compares

For the three months through August 2026, Redfin put the overall median (all home types) at about $1.9M in Studio City, $1.5M in Sherman Oaks, $1.2M in Valley Village, $1.2M in Burbank and $2.1M in Encino. Toluca Lake was about $1.2M, but so few homes sell there that the number swings a lot. If Studio City feels out of reach, Sherman Oaks and Valley Village offer similar Valley convenience and good schools for noticeably less.

Can You Buy Under $1M?

It's very difficult. Condos and townhomes in the $600K to $900K range are your most realistic option. Fixer-uppers occasionally appear at $900K to $1.1M but inventory is limited. Most buyers at this price point end up in Sherman Oaks, Valley Village, or Burbank.

What to Know Before You Start

Get pre-approved before you look. Redfin had Studio City homes taking about 61 days to sell for the three months through August 2026, but well-priced homes still commonly attract multiple offers, especially anything under $1.5M or in the Carpenter zone. When you see something that works, be ready to move within 24 to 48 hours.

Know your priorities going in: school zone, walkability, condition, lot size. Studio City has enough micro-market variation that it helps to be clear on what you actually need before you start touring.

Keep reading: What $2M Actually Buys, Best Family Neighborhoods in Studio City and What Is My Home Worth in Studio City?.

Thinking about buying in the Valley? Here's how I work with buyers.

A few questions I get about 3-bedroom prices in Studio City

What does a 3-bedroom house cost in Studio City?

Over the six months to early October 2026, the median 3-bedroom house sold for about $1.9M on Redfin: about $1.85M in the flats north of Ventura and about $2M in the hills.

What is the cheapest a 3-bedroom house has sold for recently?

About $1.45M, in the six months to early October 2026.

How much more do homes in the Carpenter zone cost?

In my experience, 10 to 20 percent more than similar homes outside it.

Is the cheaper part of Studio City north or south of Ventura?

North. The flats north of Ventura generally cost less than the hills to the south.

Anj Catalano The Agency | Studio City DRE #02056635 310.404.6955 hello@anjinla.com anjinla.com