1060 Oakmont Street, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 6 bath
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Los Angeles, California 90049
This Architectural Masterpiece is a Strong Value Opportunity, listed at $9,995,000—positioned well below the $11,238,225 Fair Market Value by 11%. This valuation gap offers $1,243,225 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this move-in ready estate boasts a pool with a natural rock waterfall, canyon views, and a durable metal roof. Located near top-rated elementary schools, it is an ideal acquisition for discerning luxury homeowners or high-net-worth investors seeking a private, artist-designed sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 Oakmont Street Subject | $9,995,000* List Price | 5 | 6 | 5,505 | $2,041 | - |
A 765 N Bonhill Road Sold | $11,450,000 | 5 | 6 | 4,917 | $2,329 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1993, the property shows evidence of high-end maintenance and recent updates, including a newly remodeled primary bathroom. The architectural design features modern concrete, glass, and light wood floors in mint condition. The exterior is well-preserved with a durable metal roof and professional landscaping, qualifying it as a top-tier, move-in ready estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91732, living area = 5505.
Elementary School: Fairburn Avenue Elementary School (9/10).
Designed by the renowned Marshall Lewis, this architectural masterpiece features a sophisticated blend of concrete, glass, and soaring ceilings that create a unique, artist-inspired living environment.
While the local elementary schools are highly rated, the assigned middle and high schools have lower ratings (5-6), which may be a concern for families seeking top-tier public education across all levels.
The combination of specialized architectural materials, a large two-acre canyon lot, and extensive water features likely requires significant and costly ongoing maintenance.
The artist-designed abode was thoughtfully remodeled by the late Marshall Lewis, who was best known as a world-class painter before becoming a renowned architect. Tucked behind a long gated driveway on 2 completely secluded acres, this stunning 5-bedroom, 6-bath architectural masterpiece seamlessly blends concrete, glass, and light wood floors beneath soaring pitch roof ceilings and dramatic skylights. The luxurious upper-level primary suite features dual closets and a newly remodeled bathroom, with three bedrooms downstairs including a converted art studio and a fifth bedroom privately situated above the garage. The grounds are populated with giant, mature trees. Outside, meandering pathways wind through the grounds to a spectacular pool with a natural rock waterfall. A 3-car garage and durable metal roof complete this rare, one-of-a-kind retreat.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades PK-5 • 2.4 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 62% |
| Baths | 6.0 | 4.0 | 74% |
| Square foot | 5,505 | 3,076 | 80% |
| Lot Size | 91,732 | 11,731 | 96% |
| Price | $9.99M | $3.90M | 85% |
| Price per sq ft | $1.8K | $1.3K | 84% |
| Built year | 1993 | 1956 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 149 | 3% |
May 11, 2026
$9,995,000
Initial Listing
Jul 17, 1998
$2,475,000
Public Record