15739 Mulholland Place, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 3 bath
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15739 Mulholland Place
Los Angeles, California 90049
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,934Sq Ft
8,439Lot Size
Property Price
LIST PRICE$1,795,000
SUMMARY
Analysis of 15739 Mulholland Place, Los Angeles, California 90049 is currently available with a list price of $1,795,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955 and held by the same family since the 1970s, the property features a highly dated kitchen with 70s-era tile and older appliances, along with original or aged bathrooms. The listing explicitly suggests it as a renovation project or for an investor to 're-imagine,' indicating that while functional, the systems and finishes require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8439, living area = 1934.
- Prime Location & Privacy
Situated at the end of a quiet cul-de-sac with a gated private driveway, this property offers exceptional seclusion while providing easy access to Brentwood, Bel-Air, and the Westside.
- Exceptional Panoramic Views
The home boasts stunning, unobstructed day and evening views of the San Fernando Valley, mountains, and city lights, which serves as a major value driver for the area.
CONSRISKS & DEFICIENCIES
- Dated Condition
Maintained by the same family since the 1970s and sold in 'As-Is' condition, the residence likely requires significant capital expenditure for modernization and structural updates.
- Market Stagnation
With 79 days on market and a recent $104,000 price reduction, the property may face buyer hesitation regarding its initial valuation versus the cost of necessary renovations.
About 15739 Mulholland Place
Motivated seller! Recent accepted offer was halted due to buyer's funding. Seller welcomes all offers for review. Appraisal was ordered and received for this Cali Bungalow at 15739 Mulholland Pl. privately situated at the end of a cul-de-sac with minimal neighboring homes, featuring a gated private driveway, and day and evening Valley views. Located above the Valley awaiting its next owner to enjoy As-Is, renovate to their taste, or for an investor to re-imagine and design. If you've seen this home before, come back for another look, you may discover something new, especially with some of the most fantastic views in the area. Since the 70's, this 3-bedroom/3-bathroom home has been owned by the same motivated family and also offers a versatile artist space or creative studio. The original structure showcases inviting gathering areas that are perfect for entertaining family and friends. Schools that are in the area include Berkeley Hall, Milken, Mirman, and Curtis. Sensational Mulholland Pl is an opportunity in a prime location with easy access to Brentwood, Bel-Air, the San Fernando Valley and the Westside. Nearby areas are Encino, Sherman Oaks, the Skirball Cultural Center, and convenient access to I-405.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 8,439 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,934 | 1,664.159 |
| Lot Size | 8,439 | 6,066.556 |
| Price | $1.79M | $1.35M |
| Price per sq ft | $928 | $806 |
| Built year | 1955 | 1939 |
| HOA | $0 | $278 |
| Days on market | 101 | 55 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,795,000
$1,899,000
-5% Price Drop
Initial Listing
Price Change
May 31, 2026
$1,899,000
Initial Listing