16617 Park Lane Circle, Los Angeles, California 90049, Los Angeles, 90049 - 5 bed, 4 bath

16617 Park Lane Circle, Los Angeles, California 90049 home-pic-0
ACTIVE$2,995,000$3,386/sqft
Est. Value: $2,995,000
%
FairlyEstimate
16617 Park Lane Circle, Los Angeles, California 90049
5Beds
4Baths
3,386Sqft
11,635Lot

Price Vs. Estimate

The estimated value ($2,995,000) is $0 (0%) lower than the list price ($2,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Absence of Central Air Conditioning: The property description does not mention a cooling system, which is a significant omission for a Los Angeles home and would likely require a substantial investment for installation.

Compared to the nearby listings

Price:$3.00M vs avg $3.88M ($-880,000)23%
Size:3,386 sqft vs avg 3,138 sqft54%
Price/sqft:$885 vs avg $1.3K10%

More Insights

Built in 1962 (64 years old).
Condition: Built in 1962, this property has undergone some updates, including a chef's kitchen with stainless steel appliances and granite countertops. However, the maple cabinetry in the kitchen, and particularly the tiled countertops in the bathrooms, suggest renovations that are likely 15-30 years old, showing signs of being outdated. The description also notes the absence of central air conditioning as a significant weakness, which is a major component requiring update in Los Angeles. While well-maintained and move-in ready, it requires minor updates to meet current aesthetic and comfort standards, especially regarding the cooling system and bathroom styles.
Year Built
1962
Close
-
List price
$3M
Original List price
$3.1M
Price/Sqft
$885
HOA
$150
Days on market
-
Sold On
-
MLS number
25591957
Home ConditionFair
Features
Good View: Trees/Woods
Pool
Patio
ViewTrees/Woods

About this home

Surrounding a serene backyard retreat with a black-bottom pool, brick decking, fountain, and multiple lounging areas, this single-story contemporary delivers both style and comfort in the heart of upper Brentwood's coveted Bel Air Knolls. Spanning approximately 3,386 sq ft on an expansive 11,931 sq ft lot, the home offers 5 bedrooms, 4 bathrooms, and a thoughtful layout designed for everyday living and entertaining. Inside, clean architectural lines, stone-tiled floors, and walls of windows fill the interiors with natural light creating a warm yet refined ambiance throughout. The formal living room features a granite wet bar, fireplace, custom entertainment center, and sliding doors to the outdoors, while the elegant dining room opens to a pergola-covered patio ideal for gatherings. A chef's kitchen appointed with granite countertops, stainless steel appliances, and maple cabinetry connects to a spacious family room with built-ins and patio access. The private primary suite serves as a calming retreat with direct access to the pool, plantation shutters, and an ensuite bath. Additional bedrooms are generously sized, including a private guest suite near the kitchen. A dedicated laundry area links to the attached two-car garage. With convenient proximity to the 405 and 101 Freeways, Mulholland Drive, the Getty, and top-rated schools including Roscomare, Curtis, Berkeley Hall, Milken, Mirman, and UCLA, this timeless property offers exceptional livability in one of Los Angeles' most desirable neighborhoods.

D
David Kramer
Listing Agent

Nearby schools

8/10
Lanai Road Elementary School
Public,K-51.4mi
9/10
Roscomare Road Elementary School
Public,K-51.9mi
9/10
Warner Avenue Elementary School
Public,K-55.3mi
5/10
Brentwood Science School
Public,K-55.5mi
9/10
Fairburn Avenue Elementary School
Public,K-56.0mi
5/10
Brockton Avenue Elementary School
Public,K-56.0mi
9/10
Franklin Elementary School
Public,PK-56.1mi
7/10
Nora Sterry Elementary School
Public,K-56.4mi
6/10
Gaspar De Portola Middle School
Public,6-83.8mi
5/10
William Mulholland Middle School
Public,6-84.3mi
8/10
Lincoln Middle School
Public,6-86.9mi
6/10
Van Nuys Senior High School
Public,9-124.8mi
6/10
University Senior High School
Public,9-126.0mi
6/10
University Senior High School Charter
Public,9-126.0mi
8/10
Santa Monica High School
Public,9-128.1mi
Condition Rating
Fair

Built in 1962, this property has undergone some updates, including a chef's kitchen with stainless steel appliances and granite countertops. However, the maple cabinetry in the kitchen, and particularly the tiled countertops in the bathrooms, suggest renovations that are likely 15-30 years old, showing signs of being outdated. The description also notes the absence of central air conditioning as a significant weakness, which is a major component requiring update in Los Angeles. While well-maintained and move-in ready, it requires minor updates to meet current aesthetic and comfort standards, especially regarding the cooling system and bathroom styles.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Bel Air Knolls Location: Situated in the highly desirable upper Brentwood's Bel Air Knolls, offering excellent accessibility to major freeways (405, 101), cultural landmarks (The Getty), and top-rated schools.
Exceptional Outdoor Entertainment: Features a luxurious backyard retreat with a black-bottom pool, brick decking, fountain, multiple lounging areas, and a pergola-covered patio, perfect for entertaining.
Spacious & Thoughtful Single-Story Layout: An expansive 3,386 sq ft single-story contemporary home on a large 11,931 sq ft lot, designed for comfortable living with 5 bedrooms and 4 bathrooms.
Modern Chef's Kitchen & Upscale Amenities: Boasts a chef's kitchen with granite countertops, stainless steel appliances, and maple cabinetry, complemented by a formal living room with a wet bar and fireplace.
Abundant Natural Light & Refined Ambiance: Walls of windows and clean architectural lines fill the interiors with natural light, creating a warm yet refined ambiance throughout the home.

Cons

Absence of Central Air Conditioning: The property description does not mention a cooling system, which is a significant omission for a Los Angeles home and would likely require a substantial investment for installation.
Potential for System Updates (Age): Built in 1962, while some areas are updated, other core systems (e.g., plumbing, electrical, roof) may be original or nearing the end of their lifespan, potentially requiring future capital expenditures.
Ongoing Homeowners Association Fees: The presence of a $150 monthly association fee adds an ongoing cost to homeownership, which some buyers may prefer to avoid.
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