12938 Valleyheart Dr
12938 Valleyheart Drive, Studio City, CA 91604 · Studio City
12938 Valleyheart Dr, a 1977 low-rise in Studio City.
Set in Studio City, 12938 Valleyheart Dr is a 12-residence condominium building. It was built in 1977 and is a single-story building. Residents enjoy security, a gated community, and gated parking.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 12938 Valleyheart Dr.
Condos for sale & rent at 12938 Valleyheart Dr
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 12938 Valleyheart Dr
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Feb 2026 | 11 | 1 bd · 1 ba | 970 | $600,000 | $619 | $543/mo |
| Jul 2025 | 5 | 1 bd · 1 ba | 902 | $655,000 | $726 | $543/mo |
| Oct 2024 | 6 | 2 bd · 2 ba | 1,308 | $728,000 | $557 | $480/mo |
| Sep 2024 | 8 | 1 bd · 1 ba | 965 | $712,000 | $738 | $462/mo |
| May 2024 | 5 | 1 bd · 1 ba | 902 | $475,000 | $527 | $462/mo |
| Aug 2023 | 6 | 2 bd · 2 ba | 1,308 | $625,000 | $478 | $385/mo |
Closed sales at 12938 Valleyheart Dr from MLS records.
Amenities & services
What to know before you buy at 12938 Valleyheart Dr
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 12938 Valleyheart Dr?
With 12 residences, 12938 Valleyheart Dr is over the 10 unit line. Since August 3, 2026, a conventional loan in a building this size requires a Full Review of the HOA's finances, and from January 4, 2027 that review checks whether the budget sends at least 15% of dues to reserves or funds the reserve study's top recommendation. The test reads the reserve line in the budget, and it's the loan application date that decides which rule applies.
If 12938 Valleyheart Dr has wood-supported balconies, decks or stairs that the HOA maintains, California's SB 326 calls for a licensed inspection of them, and since January 1, 2026 the latest report is part of the resale package. A failed or unaddressed report may hold up a conventional loan until repairs are made or funded. SB 326, explained.
In LA County, conventional loans reach $1,249,125 in 2026. Jumbo loans above that follow the lender's own condo rules, and non-QM loans work outside agency rules, typically with more down and a higher rate.
We'll follow up personally with what to ask the HOA at 12938 Valleyheart Dr for, and what we find once the documents arrive.
Get a building check for 12938 Valleyheart DrMore on the rules: warrantable vs. non-warrantable condos and the 2027 condo loan rules.
General information as of October 27, 2026. This isn't lending advice; a lender's review decides whether a specific loan works in this building.
In the heart of Studio City
12938 Valleyheart Dr places you at the center of Studio City, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.