Studio City is easily one of the most popular neighborhoods in The San Fernando Valley. There are lots of reasons but I think one of the top reasons is its location.
The boundaries are roughly Ethel Ave to the west, the 101 freeway to the north and east, and Mulholland Dr. to the south.
The median price for a Studio City home is $1,092,000. Home Values in the area have increased about 10% over the last year and it is predicted that they will rise another 2% in the coming year. The average price of homes currently listed in Studio City is $1,923,458 ( October 2016 ).