$4,457,400
- 5 Beds
- 4.5 Baths
- 5,011 sqft (on 0.90 acres)
3940 Oeste Ave, Studio City, CA 91604
Est. Refi. Payment $27,091/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 27, 2023 for $4,600,000
Home Value
Trulia Estimate
$4.46MSince last month
Decreased$48K (-1.1%)Since last year
Decreased$17K (-0.4%)Since last sale
Decreased$111K (-2.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +52% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $4.49M |
| July 2026 | $4.54M |
| June 2026 | $4.52M |
| May 2026 | $4.53M |
| April 2026 | $4.52M |
| March 2026 | $4.55M |
| February 2026 | $4.56M |
| January 2026 | $4.47M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Single-Family Home | $6,150,000 | 12/12/25 | 5 | 5 | 5,035 | |
0.38 | Single-Family Home | $7,585,000 | 06/11/26 | 5 | 5 | 5,682 | |
0.51 | Single-Family Home | $5,232,500 | 12/02/25 | 4 | 5.5 | 3,700 | |
0.34 | Single-Family Home | $4,887,500 | 06/16/26 | 7 | 7.5 | 5,592 | |
0.17 | Single-Family Home | $1,725,000 | 09/12/25 | 4 | 3.5 | 5,385 | |
0.14 | Single-Family Home | $1,687,500 | 05/12/26 | 4 | 4.5 | 3,631 | |
0.14 | Single-Family Home | $1,600,000 | 05/18/26 | 4 | 3.5 | 2,859 | |
0.48 | Single-Family Home | $2,300,000 | 09/16/25 | 5 | 4.5 | 3,819 | |
0.48 | Single-Family Home | $3,222,000 | 01/15/26 | 3 | 3.5 | 2,264 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,197,300 | 2 | 2.5 | 1,426 | Off Market | |
0.05 | $1,351,900 | 3 | 2 | 1,303 | Off Market | |
0.07 | $1,378,000 | 2 | 2 | 1,586 | Off Market | |
0.07 | $2,895,000 | 3 | 2.5 | 3,190 | For Sale | |
0.08 | $1,978,600 | 3 | 2.5 | 2,391 | Off Market | |
0.09 | $12,800,000 | 9 | 12.5 | 11,923 | For Sale | |
0.14 | $1,600,000 | 4 | 3.5 | 2,859 | Recently Sold | |
0.12 | $1,115,400 | 3 | 2 | 1,155 | Off Market | |
0.14 | $1,687,500 | 4 | 4.5 | 3,631 | Recently Sold | |
0.12 | $385,000 | - | - | - | For Sale | |
0.15 | $1,650,000 | 5 | 5.5 | 3,442 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2000
Lot Size
0.9 acres
Living Area
5,011 sqft
Price/Sqft
$890
Parking
Attached Garage
About this House
Nestled within the prestigious gated enclave of "Oeste Estates" in Studio City, you'll discover this magnificent Mediterranean estate. The home exudes a sense of refined luxury and style that is both subtle and compelling.Spanning an impressive 5,000 square feet, this palatial residence offers five sumptuous bedrooms and 4.5 exquisite bathrooms, all set on a sprawling lot that extends almost to an acre. As you step through the front door, you are welcomed by a striking grand foyer with soaring ceilings and a stunning circular staircase, setting the tone for the elegance that lies within.The expansive living room, adorned with European white oak hardwood floors, baths in an abundance of natural light, creating a warm and inviting ambiance. The generously proportioned family room flows seamlessly into the gourmet chef's kitchen, featuring a top-of-the-line LaCornue Stove range, a substantial island, and bespoke paneled cabinetry in a soothing palette.On the upper level, four luxurious bedrooms await, including the regal primary suite. This opulent retreat boasts European white oak hardwood floors, vaulted ceilings, and a private sitting room that overlooks the newly installed heated pool and hot tub, set in the heart of your own private oasis. The sitting room features a see-through fireplace made out of fluted travertine, adding an extra touch of comfort and luxury. The ensuite bathroom and powder room are a sanctuary of relaxation, painted with a lime wash finish and complete with a spa-inspired soaking tub.The outdoor spaces are as impressive as the interior, offering tranquility and privacy amidst verdant landscaping. Immerse yourself in the resort-style luxury of the brand new heated pool and hot tub, perfect for year-round enjoyment.The property's prime location is an added bonus, being in close proximity to the esteemed Harvard Westlake School and just a stone's throw away from some of the city's premier shopping and dining options at the Sportsmen's Lodge.This home is more than just a residence; it's a statement of luxury and sophistication. Indulge in the lifestyle you've always dreamed of in this exquisite Studio City estate.
3940 Oeste Ave, Studio City, CA 91604 is a 5 bedroom, 5 bathroom, 5,011 sqft single-family home in Studio City, built in 2000. It last sold for $4,600,000 on Dec 27, 2023 (2% below the $4,700,000 asking price). More recently, it was listed as a rental in October 2021 with an asking price of $14,000 per month. That rental listing was removed on October 29, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,457,400, with a rent estimate of $18,455/month.
Contact this Building
Source: Douglas Elliman, MLS#23-335671

Home Details for 3940 Oeste Ave
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Pool Pool |
Parking & Garage GarageParking: Garage Attached, Garage Attached |
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Lot Area: 0.90 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 27, 2023 Source: N/A | Sold | $4,600,000 |
Dec 19, 2023 Source: Douglas Elliman #23-335671 | Pending | $4,700,000 |
Dec 19, 2023 Source: CLAW #23-335671 | Contingent | $4,700,000 |
Nov 29, 2023 Source: CLAW #23-335671 | Listed For Sale | $4,700,000 |
Oct 29, 2021 Source: CLAW | ListingRemoved | |
Oct 16, 2021 Source: CLAW #21794690 | Listed For Rent | $14,000 |
Sep 7, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Sep 3, 2021 Source: Zillow Rental Manager | PriceChange | $14,000 Price decreased by 13% |
Jun 30, 2021 Source: Zillow Rental Manager | Listed For Rent | $16,000 |
Jun 23, 2021 Source: N/A | Sold | $2,500,000 |
Jun 22, 2021 Source: CRMLS #21695594 | Pending | $2,795,000 |
Aug 23, 2016 Source: Agent Provided | ListingRemoved | $2,500,000 |
Mar 26, 2016 Source: Agent Provided | PriceChange | $2,500,000 Price decreased by 14% |
Mar 16, 2016 Source: Agent Provided | PriceChange | $2,900,000 Price decreased by 9% |
Feb 24, 2016 Source: Agent Provided | PriceChange | $3,200,000 Price decreased by 11% |
Jan 18, 2016 Source: Agent Provided | Listed For Sale | $3,600,000 |
Sep 5, 2001 Source: N/A | Sold | $1,250,000 |
Jul 27, 1999 Source: N/A | Sold | $509,090 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $4,785,840 |
Home facts updated by county records
Market trends in Studio City
Last updated July 2026
Avg. sale price
$1.74M
$130KMoM
Sale-to-List Price
98.9%
0.4%MoM
Price per sq ft
$788
$3MoM
Available listings
198
11MoM
Around this home
What Locals Say about Studio City
At least 378 Trulia users voted on each feature.
96 % Say it's dog friendly
85 % Say it's walkable to restaurants
84 % Say there are sidewalks
83 % Say car is needed
78 % Say it's walkable to grocery stores
72 % Say parking is easy
68 % Say people would walk alone at night
61 % Say streets are well-lit
61 % Say there's holiday spirit
60 % Say neighbors are friendly
57 % Say they plan to stay for at least 5 years
55 % Say yards are well-kept
51 % Say it's quiet
45 % Say there's wildlife
43 % Say kids play outside
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Frequently asked questions about 3940 Oeste Ave
- What is 3940 Oeste Ave estimated to be worth?Trulia's estimated value for 3940 Oeste Ave in Studio City, CA is $4,457,400.
- What is the price history for 3940 Oeste Ave?3940 Oeste Ave in Studio City, CA last sold for $4,600,000 in December 2023.
- Is Studio City a buyer's or seller's market?Studio City is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Studio City?The median sale price in Studio City is $1.74M. That is down $130K from the prior month.
- Does 3940 Oeste Ave have a pool?Yes, 3940 Oeste Ave in Studio City, CA has a pool.
- How big is the lot at 3940 Oeste Ave?The lot at 3940 Oeste Ave in Studio City, CA is about 0.90 acres (39,204 sq ft).

