Studio City (named in 1927 after 20 acres were donated to the city for what’s now known as CBS Studios) is one of the most sought-after “hip” locales in the San Fernando Valley. Bordered by Sherman Oaks, Valley Village, Toluca Lake, Universal City and Hollywood Hills West, Studio City boasts numerous trendy restaurants, bars and shops and one of the most popular non-profit Farmer’s Markets around that consistently gives back to its local community. Highly sought after Los Angeles Unified School District public schools as well as excellent private schools abound in this very desirable area.
It’s no wonder why Studio City homes for sale are so popular. Residents enjoy all of these perks while living in this “city-accessible” neighborhood and, as a result, Studio City homes for sale are in high demand. With an average price of just over $1,000,000 per home, it’s one of the most affluent areas in the Valley. The good news is that there are also a number of Studio City condos for sale and townhomes for sale, making this gem of a city far more affordable, especially for first-time home buyers.