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Like much of the land in the San Fernando Valley, Studio City was originally part of a Rancho granted by Pio Pico and the Mexican Government. In 1927, the original “king of comedy”, Mack Sennett, began building a studio that we now know as CBS Studios, and soon after the surrounding area was dubbed Studio City. The Studio itself innovated film in how it was the first to landscape its lot and allow such backdrops as New York City for later television hits such as Seinfeld.
At 6.31 square miles with only 5,395 people per square mile, Studio City boasts one of the lowest amount of people per square mile of any neighborhood within Los Angeles City. As of 2008, the city estimated its population to be around 37,201 residents. Luckily for residents there are many options for housing from single-family homes to townhomes and condominiums.
Residents of Studio City enjoy all of what Los Angeles epitomizes; wide roads surrounded by palm trees, movie studios, celebrity homes, unique buildings and neon signs, just to name a few. Studio City is often nicknamed the “gateway to the Valley” since it allows residents to frequent Hollywood and Downtown LA quickly while still enjoying the more relaxing pace and space of the San Fernando Valley.
Celebrity sightings are not an uncommon occurrence in the area with many living as residents of the neighborhood and many working at the Studios. Some notable examples of current and former celebrity residents of Studio City include George Clooney, Teri Hatcher, Keith Moon, Bill Nye, & Britney Spears. Also, many of the areas in the neighborhood you may recognize from shows such as The Brady Bunch house.
Studio City boasts five schools; one community charter school, two pre-schools, one nursery school, and one alternative school. You can rest assured there are some great options for schooling.
Most recent statistics show the median household income of Studio City around $87,020. The average value of a single-family home sold as of August was $1,441,000 and for a condominium was $559,000.
Your real estate agent is the best source of information about the local area, buying a home, and selling a home. Give Arminé Ghevian a call today at 818-389-4465 to ask questions about the real estate market, discuss selling your house, or to tour available homes for sale in the Los Angeles area.