

Its healthy work-life balance offers little for the paparazzi to camp out for.
Studio City, like most San Fernando Valley developments, sprang up seemingly overnight, replacing lettuce fields with a sprawling new neighborhood on the banks of the L.A. River.
Unlike other Valley tracts, Studio City brought an air of glamour to its dusty, semirural surroundings when, in 1928, silentmovie legend Mack Sennett threw astar-studded gala to mark the opening of his new studio lot near the corner of Ventura Boulevard and Radford Avenue.
Diners, grocery stores and other businesses popped up on newly widened Ventura Boulevard, and the kinds of tidy little factory-town tract homes that were built with the budget and needs of grips, costumers and scenic artists in mind soon spread out on both sides of the river.
The Depression bankrupted Sennett, but the B-movies kept rolling off the assembly line on Radford, as Republic Pictures eventually took ownership of the lot and began its run of profitable matinee serials and John Wayne oaters.
With plenty of work opportunities for talent behind and in front of the camera, not to mention relatively cheap land, Studio City became a destination neighborhood for stars and script supervisors alike.
In the 1950s and 1960s, the land south of Ventura Boulevard began to be developed in earnest, with new tracts laddering up narrow, snaking streets all the way to Mulholland Drive. Like other parts of the city that had a high density of entertainment industry creatives in that era, Studio City south of the Boulevard features homes from masters of midcentury-modern design such as Raphael Soriano and Rudolph Schindler.
Today Studio City is still home to many celebrities and entertainment professionals. Aside from Mack Sennett’s old lot (now
called CBS Studio Center), it’s just a few miles to Universal, Warner
Bros. and Disney Studios, and Hollywood is just over the hill via Laurel
Canyon or the Cahuenga Pass.
For
those looking for a more low-key, paparazzi-free lifestyle, Studio City
is it. Top-tier restaurants and boutiques line Ventura Boulevard all
the way to Sherman Oaks — like Robertson Boulevard without the drama.
Neighborhood highlights An entertainment pro’s dream: A
short commute to work, or to drop the kids off at exclusive Harvard
Westlake, equals an appealing work-life balance. Studio City is also far from the madding crowd of other celeb enclaves on the other side of the hill.
Take a hike: Wilacre
and Coldwater Canyon parks offer some of the the best hiking in the
Valley, with spectacular views (especially at twilight) and dog-friendly
trails.
The Valley’s Main Street: If
you can’t find it on Ventura Boulevard, it probably doesn’t exist. One
of L.A.’s great commercial corridors, everything from world-class sushi,
vegan restaurants, key copiers, auto body shops, dry cleaners and more
is here, often right next to each other.
Neighborhood challenges
If you’re looking for walkable, transit-friendly urban
living, this isn’t it. You’ll find yourself driving from street parking
spot to street parking spot to run errands on the Boulevard, and the
nearest Metro station is in Universal City. Repeat: You will drive.
Everywhere.
Expert insight “The
great thing about Studio City: It’s not all high-end,” said Judy Graff,
a real estate broker who lives in Studio City and specializes in the
neighborhood.
The same is true when it comes to real estate.
“There’s
quite a variety of housing stock here, from town houses and condos,
which are quite affordable, to of course estates up in the hills in
Fryman Canyon,” she said. Because of that, “prepare yourself for a
bidding war.”
“It is a
very desirable place to live,” she said. “Unless something is really
priced high, a lot of people are going to want to go after the house.”
Market snapshot In
March, based on a combined 40 single-family home and condo sales, the
median for the area was $1,110,500, up 15.3% from the previous year,
according to CoreLogic.
Report card Within
the boundaries of Studio City is Carpenter Community Charter, which
scored 943 out of a possible 1,000 in the 2013 Academic Performance
Index. Rio Vista Elementary had a score of 898, and Walter Reed Middle
scored 850. Carlson Home Hospital School came in at 589.
hotproperty@latimes.com