
Los Angeles, California 90049
This Prime Brentwood Development & Lifestyle Estate is listed at $5,850,000, representing a strategic acquisition in a high-demand pocket. While the $5,444,386 Fair Market Value reflects the current structure, the price accounts for the rare inclusion of fully permitted plans for a new build on a 10,810 sqft lot. The property maintains a Condition Rating of 3, offering a refreshed kitchen, pool, and proximity to Fairburn Avenue Elementary (9/10). This shovel-ready asset is a premier choice for Owner-Occupants prioritizing lifestyle or Developers seeking a de-risked expansion project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 Oceano Drive Subject | $5,850,000* List Price | 4 | 4 | 3,048 | $1,695 | - |
A 12316 16th Helena Drive Sold | $4,150,000 | 4 | 4 | 2,941 | $1,411 | 0.4 mi |
B 12033 Kearsarge Street Sold | $4,100,000 | 3 | 4 | 2,287 | $1,793 | 0.2 mi |
C 418 N Bowling Green Way Sold | $4,125,000 | 5 | 4 | 2,969 | $1,389 | 0.6 mi |
D 11948 S Saltair Terrace Pending | $5,150,000 List Price | 4 | 5 | 3,013 | $1,709 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1950s English-inspired traditional home that is move-in ready. While the structure is older, the listing highlights recently refreshed kitchen and bathrooms with a modern aesthetic, along with updated interior finishes and well-kept architectural details. It balances classic character with functional, updated systems, though it stops short of the 'Excellent' rating as it is a refresh rather than a total recent new-build or comprehensive studs-out renovation.
Elementary School: Fairburn Avenue Elementary School (9/10).
The property includes fully permitted plans for a new build, offering a rare 'shovel-ready' opportunity that eliminates the typical bureaucratic delays and uncertainty of the Los Angeles permitting process.
Situated on nearly 11,000 square feet of mature, tree-lined grounds, the estate provides exceptional privacy and significant outdoor scale, including a pool and lush landscaping in a prime Brentwood pocket.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
At a list price of $5.85M for approximately 3,048 square feet, the property commands a high price point where buyers may expect more interior living space or a more recent total construction.
Despite its prestigious location and significant investment level, the property does not offer the canyon or city light views frequently prioritized by luxury buyers in the Brentwood hills.
Positioned in a coveted, quiet pocket of Brentwood, this English-inspired traditional pairs classic character with meaningful scale. Set on nearly 11,000 square feet of mature, tree-lined grounds, the property offers both privacy and presence, a combination that is increasingly rare in the neighborhood, with significant potential for value add and future expansion.Spanning over 3,000 square feet with four bedrooms and four baths, the home unfolds with warmth and architectural detail throughout. A formal living room anchored by a timeless brick fireplace introduces the home's understated elegance, while the dining room's custom built-ins add depth and functionality. The heart of the home is a generously scaled family room with its own fireplace, flowing naturally into a sunlit rear living space wrapped in floor-to-ceiling French doors, equally suited for casual dining, a playroom, or a relaxed secondary lounge. The layout balances defined rooms with comfortable connectivity, creating spaces that feel both intimate and open. Three first-floor bedrooms are thoughtfully arranged for privacy, while the spacious second-level primary suite serves as a quiet retreat, complete with its own fireplace and garden outlooks. Along with recently refreshed kitchen and bathrooms offering a modern esthetic. Outdoors, the expansive backyard is framed by lush landscaping and anchored by a pool, offering seclusion while being just moments from Brentwood's premier dining, shopping, and schools. For those seeking additional scale, the property includes fully permitted plans for a new build, eliminating uncertainty and providing a clear path toward a larger vision. Whether enjoyed as it stands or thoughtfully enhanced, this offering represents land, character, and long-term potential in one of the Westside's most enduring neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades PK-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,048 | 3,063.5 | 49% |
| Lot Size | 10,810 | 11,070.5 | 49% |
| Price | $5.85M | $3.88M | 68% |
| Price per sq ft | $1.9K | $1.4K | 85% |
| Built year | 1950 | 1955 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 197 | 4% |
Mar 2, 2026
$5,850,000
Initial Listing
Nov 3, 2023
$4,500,000
Public Record