Guess How Much The Cheapest House In Studio City Is

STUDIO CITY, CA — If you want to buy a home in Studio City for less than $800,000 you'll need some luck getting a bank to approve a short sale, and you'd better be prepared to roll up your sleeves and tackle a fixer-upper.

Currently, the least expensive home listed in Studio City on realtor.com is a two-bedroom Cape Cod in need of some TLC. But for $765,000, it could be yours. It's a short sale, so it requires bank approval. And be forewarned: "Seller will not do any repairs, no termite or retrofitting. AS-IS."

• Address: 4042 Denny Ave, Studio City, California
• Price: $765,000
• Square Feet: 1253
• Bedrooms: 2
• Bathrooms: 2 Baths
• Built: 1940
• Features: Charming Cape Cod with classic cottage interior. Needs work. Rehab or add square footage. Great opportunity to own a home in Studio City. Great upside potential. On a cul de sac. . Walking distance to Park. Close to Universal Studios, restaurants and theaters. Short Sale requires bank approval. Seller will not do any repairs, no termite or retrofitting.. AS-IS. All sales negotiations and fees subject to lender approval. Buyer & Buyers agent to verify all information through their own investigations. Unapproved short sale. NOTE: OFFER HAS BEEN SENT TO LENDER AND WE ARE AWAITING RESPONSE. I will update as information becomes available.

This listing originally appeared on realtor.com. For more information and photos, click here.