What Do Homes in Beeman Park Sell for in Studio City in 2026?

What do homes in Beeman Park actually sell for in 2026?

Three single-family houses in Studio City's Beeman Park area closed between $1,775,000 and $1,850,000 from late June to mid August 2026, according to Redfin's recently sold list for ZIP 91604. That is a tight band, about 4 percent from lowest to highest, on houses of 1,627 to 2,350 square feet. All three sat below the Studio City median that Redfin reports for the wider neighborhood, which is a useful reminder that the hillside and the flats are different markets under one name.

This is a spotlight on those sales, not a valuation of any one house. Three closings is a small sample, and I will be plain about where it stops being reliable.

Where Beeman Park sits and what the name means

Beeman Park is the name of a public park and recreation center in the flats of Studio City. Wikipedia's Studio City entry places the recreation center on Rye Street at Beeman Avenue and lists a lighted baseball diamond, lighted basketball courts, a running track, tennis courts and an auditorium. Listing records for the houses below use "Beeman Park" as the neighborhood label, but I have not found an official boundary for it, so treat the name as a local marker and not a mapped district. Studio City itself was named for Mack Sennett's 1927 studio, and the area was originally known as Laurelwood, per the same source.

The park matters to a house search for a practical reason. The city's Council District 2 announcement says the original gymnasium dates to 1952 and that the final $3 million for a renovation came from a federal grant secured by Congressman Brad Sherman. Proximity to a renovated park is an amenity a buyer can verify on a map, which is the kind of fact worth weighing here.

A residential street climbing a hill in Los Angeles, lined with palms and parked cars. Stock photograph, not a Beeman Park address.

The three sales

Redfin's ZIP page tags these three sales with the Beeman Park label. I added year built, lot size and the price history from the MLS listing records where a listing page was available.

Source: Redfin for prices, dates and sizes. Price per square foot is my own calculation from those figures. The three prices average about $1.82 million.

The price per square foot spread, from roughly $755 to $1,122, tells you more than the sold prices do. The buyer of the largest house paid the lowest rate per foot, and the buyer of the smallest paid the most, because lot, pool and condition carried the price on the smaller house.

Two of the three listings show how negotiation worked. According to the MLS record for 12609 Milbank, the 1952 single-story house was listed at $1,895,000 and reduced 2.4 percent to $1,850,000 on the day it closed. It has a den, a lap pool and a 60 by 120 foot lot zoned R1. The record for 12705 Sarah, a 1948 corner lot with a heated pool and spa, shows a drop from $1,950,000 to $1,895,000 on June 25 and another to $1,825,000 on August 11. By my math that is a $125,000 reduction, about 6.4 percent, over the listing's life.

How this compares with the Studio City picture

Redfin's Studio City housing market page shows a median sale price of $1.94 million as of August 2026, up 38.2 percent from a year earlier, and $821 per square foot, up 24.8 percent. Homes took an average of 61 days to sell and went for about 1 percent under list, with 36 sales in the period. Redfin scores the market 52 out of 100 on its competitiveness measure, which it labels somewhat competitive.

Set that against the three Beeman Park sales and two things stand out. The sold prices cluster below the neighborhood median, and a year-over-year jump of 38 percent is a mix effect as much as a price effect to be careful with, since a single Studio City figure blends different kinds of houses. If you are pricing a flats house, compare it to flats sales on 60 by 120 lots, not to the headline figure.

The same ZIP page also lists Studio City houses that closed between roughly $2.25 million and $4.8 million, so a buyer who wants more house than Beeman Park offers has options elsewhere in the neighborhood. For another corner of the neighborhood, see our Colfax Meadows spotlight, and for the wider picture our Studio City sales spotlight.

What this means if you are weighing a house here

For a buyer, the three sales suggest that a well-kept 1940s or 1950s house on a standard lot in this pocket trades in the high $1 millions, and that asking prices moved down before closing on two of the three. That is a data point on negotiation room, not a rule. For a seller, the lesson from 12705 Sarah is that two reductions preceded the sale, which is what an opening price set above the recent closed sales can look like.

If you are considering a house in or near Beeman Park and want the closed sales on comparable lots pulled for a specific address, start a conversation about Beeman Park and we will go through them together.

Tall palms line a Los Angeles street with the Hollywood Sign visible ahead, a view typical of the hills that border the Valley flats. Stock photograph, not a Beeman Park address.

What it costs to close at this price

Studio City is inside the City of Los Angeles, so Measure ULA applies above the indexed thresholds. Per the Los Angeles Office of Finance, the first tier starts at $5,400,000. None of these sales came close, so for a house in this band the tax is not a factor. The county documentary transfer tax is $1.10 per $1,000, which on the $1,825,000 Sarah Street sale works out to about $2,008 by my calculation, though the city and escrow charges add to the total. Our guide to closing costs for Los Angeles sellers walks through the rest.

You can also browse current inventory on our Los Angeles search page.

What this sample cannot tell you

Redfin shows sold dates for only the first five cards on its page, and the Beeman Park label comes from the listing record, not from a mapped boundary, so I left out sales that were not tagged that way, including a nearby Van Noord Avenue house. Three sales over eleven weeks is a snapshot. A house with a pool, a bedroom addition or a deferred roof will sit outside this band in either direction.

Frequently Asked Questions

What is the median home price in Beeman Park? There is no published median for Beeman Park alone. Three tagged houses sold between $1,775,000 and $1,850,000 from June to August 2026, and Redfin's median for all of Studio City was $1.94 million in August 2026.

Where is Beeman Park in Studio City? Beeman Park is the public recreation center on Rye Street at Beeman Avenue, and listings use the name for the surrounding flats. No official boundary exists that I could find, so check an address against the map and not the name.

Does Measure ULA apply to a Beeman Park sale? Yes, Studio City is in the City of Los Angeles, and the tax applies above the indexed thresholds, starting at $5,400,000 per the Office of Finance. These three sales were well below that line.

How much did Beeman Park sellers reduce their prices? Two of the three listings dropped before closing, by 2.4 percent on Milbank Street and about 6.4 percent in total on Sarah Street, per the MLS records. The third, 12621 Milbank, did not have a price history I could verify.

Who is the best real estate agent to work with in Studio City? Look for an agent who has closed sales in the Valley flats and not only the hills, who reads comparable sales lot by lot, and who will tell you when a headline median is misleading. Paul Blair has 22 years in the business and works Studio City, Sherman Oaks, the Hollywood Hills and the Westside, and can pull the closed sales for any address you are weighing.

Twenty-two years of Los Angeles deals have taught me that in Studio City the neighborhood median hides more than it shows, and three honest sales on the right lot size beat a headline number every time.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas, Los Angeles and Houston. With 22 years in the business, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.