16375 Sloan Drive, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 4 bath
Loading property details...
Los Angeles, California 90049
This Mid-Century Modern residence presents a High-Potential Investment Opportunity with a List Price of $3,600,000—positioned above the $3,504,214 Fair Market Value by -2%. Featuring a 15,019 sq ft flat lot and panoramic city views, the property offers a Condition Rating of 5, requiring a full renovation to unlock its value. Located in the Roscomare Road school district, this asset provides a premier foundation for luxury customization. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to create a bespoke estate.
Bel Air Mid-Century Modern for sale. 15,000+ sq ft flat lot with panoramic city views. Prime renovation opportunity in the coveted Roscomare Road school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16375 Sloan Drive Subject | $3,600,000* List Price | 4 | 4 | 4,146 | $845 | - |
A 16560 Park Lane Circle Active | $3,250,000 List Price | 4 | 4 | 4,409 | $737 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1968 (56 years old) and marketed as an investment opportunity with 'great bones,' the property features dated finishes including popcorn ceilings, older cabinetry, and vintage fixtures. The listing explicitly highlights 'value-add potential' and a 'foundation for renovation,' indicating that the kitchen, baths, and major systems require a full rehab to meet modern luxury standards.
Elementary School: Fairburn Avenue Elementary School (9/10).
The property features a rare 15,000+ sq ft flat lot in the prestigious Bel Air Skycrest community, providing exceptional outdoor utility and development potential that is highly sought after in hillside neighborhoods.
This 4,200 sq ft Mid-Century Modern residence offers 'great bones' with soaring ceilings and oversized glass doors, serving as a premier canvas for a high-end luxury renovation or customization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
As a 1968 original marketed for its 'potential,' the property likely requires a substantial capital investment to update aging systems and finishes to meet modern luxury standards.
With a $3.6M acquisition price and a $2,750 association fee, the financial burden of holding the property during a lengthy permitting and construction phase could be considerable.
Incredible investment opportunity in the prestigious Bel Air Skycrest community. Situated on a generous FLAT 15,000+ sq ft lot, this 4200 sq foot true Mid-Century Modern offers GREAT BONES, expansive living spaces, breathtaking panoramic city views, and incredible value-add potential for investors, developers, or end users seeking to create a premier luxury residence. Featuring soaring ceilings, oversized sliding glass doors, a spacious kitchen with walk-in and butler's pantries, a view-filled primary suite, formal dining room, and three-car garage, the property provides an outstanding foundation for renovation or customization. Ideally located with convenient access to the Westside and Valley, within the coveted Roscomare Road school district and near top private schools, the Getty Museum, and Skirball Cultural Center. A rare opportunity to capitalize on a prime Bel Air location with exceptional long-term upside.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.7 mi
Grades K-5 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,146 | 1,672 |
| Lot Size | 15,019 | 6,067 |
| Price | $3.60M | $1.37M |
| Price per sq ft | $868 | $801 |
| Built year | 1968 | 1939 |
| HOA | $2750.0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$3,600,000
Initial Listing
Feb 7, 2022
$2,750,000
Public Record