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16501 Mulholland Drive, Los Angeles, California 90049, Los Angeles, 90049 - 8 bed, 12 bath

16501 Mulholland Drive, Los Angeles, California 90049 home-pic-0
ACTIVE$11,500,000$11,325/sqft
16501 Mulholland Drive, Los Angeles, California 90049
8Beds
12Baths
11,325Sqft
128,844Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 128844, living area = 11325.
Top Cons:
Age of Construction (1981): While likely updated, the 1981 build year may imply some original systems or structural elements could require future maintenance or modernization compared to newer luxury estates.

Compared to the nearby listings

Price:$11.50M vs avg $3.90M (+$7,605,000)89%
Size:11,325 sqft vs avg 3,138 sqft97%
Price/sqft:$1.0K vs avg $1.3K20%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this property shows signs of being well-maintained but features outdated styles in key areas. The kitchen, despite potentially having professional-grade appliances, exhibits cabinetry and flooring that appear to be from a renovation 15-25 years ago. Similarly, the bathroom's marble vanity, wood cabinetry, and tile work reflect a style popular in the late 1990s or early 2000s. While functional, these areas require significant cosmetic updates to meet current luxury standards.
Year Built
1981
Close
-
List price
$11.5M
Original List price
$11.5M
Price/Sqft
$1,015
HOA
-
Days on market
-
Sold On
-
MLS number
25496365
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s), Valley
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Valley

About this home

Sited discreetly beyond a gated entry, this 8-bed, 12-bath stately treasure of a home offers a rare single-story paradise designed with an eye for the utmost in tranquility and sophistication throughout. Upon entering, you are greeted by a formal living room with an elegant fireplace showcasing a detailed custom mantel. An elegant hall leads you directly into an impressive sun-soaked family room with vaulted ceilings accompanied by a custom wooden wet bar. You will find an oversized formal dining room with a crystal chandelier and windows that infuse an abundance of natural light. A gourmet kitchen with a center island is highlighted by professional-grade appliances and a breakfast nook with french doors that open to the outdoor oasis featuring, landscaped gardens, a pool/spa with breathtaking views overlooking the entire valley, tennis court, and a 4,151 sqft detached guest house. Conveniently close to top-rated schools, world-class dining and entertainment. This is the perfect home for the California lifestyle.

H
H. Blair Chang
Listing Agent
Condition Rating
Fair
Built in 1981, this property shows signs of being well-maintained but features outdated styles in key areas. The kitchen, despite potentially having professional-grade appliances, exhibits cabinetry and flooring that appear to be from a renovation 15-25 years ago. Similarly, the bathroom's marble vanity, wood cabinetry, and tile work reflect a style popular in the late 1990s or early 2000s. While functional, these areas require significant cosmetic updates to meet current luxury standards.
Pros & Cons

Pros

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 = 128844, living area = 11325.
Grand Scale & Unique Layout: An expansive 8-bed, 12-bath single-story estate totaling over 15,000 sqft (including a 4,151 sqft detached guest house), offering rare spaciousness and accessibility.
Luxury Amenities & Finishes: Features a gourmet kitchen with professional-grade appliances, elegant formal rooms, vaulted ceilings, a custom wet bar, and sophisticated design elements throughout.
Exceptional Outdoor Living & Views: A private outdoor oasis boasts landscaped gardens, a pool/spa, a tennis court, and breathtaking panoramic views of city lights, mountains, and the entire valley.
Substantial Detached Guest House: A significant 4,151 sqft detached guest house provides unparalleled flexibility for extended family, staff, or extensive entertainment facilities.
Prime Gated Mulholland Drive Location: Situated discreetly behind a gated entry on prestigious Mulholland Drive in Brentwood, offering privacy, security, and convenient access to top-tier amenities.

Cons

Age of Construction (1981): While likely updated, the 1981 build year may imply some original systems or structural elements could require future maintenance or modernization compared to newer luxury estates.
High Operating & Maintenance Costs: The immense size of the property (over 15,000 sqft on nearly 3 acres) with extensive amenities like a pool, spa, and tennis court will incur substantial ongoing maintenance, utility, and property tax expenses.
Niche Market Appeal: The ultra-luxury price point and grand scale of the estate cater to a very specific and limited buyer demographic, which could potentially extend the marketing period.
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