7 Oakmont Drive, Los Angeles, California 90049, Los Angeles, 90049 - 2 bed, 4 bath
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Los Angeles, California 90049
Analysis of 7 Oakmont Drive, Los Angeles, California 90049 is currently available with a list price of $13,900,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Property is land value only, full reconstruction required.
The property, built in 1940, is explicitly marketed as a development opportunity, with architectural renderings for a new build. The listing description states the existing structure 'likely necessitates either complete demolition or a comprehensive, high-cost renovation to meet modern luxury standards.' The value is clearly in the expansive lot and its potential for redevelopment, rather than the existing, dated residence. The absence of kitchen and bathroom photos further suggests these areas are not up to modern luxury standards expected for a property of this caliber and price point.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54946, living area = 3867.
Elementary School: Fairburn Avenue Elementary School (9/10).
Located on 'the most prestigious street in Brentwood,' Oakmont Drive, offering unparalleled exclusivity and a prime address in a highly sought-after area.
The listed price primarily reflects the land and its development potential; significant additional capital will be necessary for construction or extensive renovation to realize the property's full vision.
The 1940-built structure (3,867 sqft) likely necessitates either complete demolition or a comprehensive, high-cost renovation to meet modern luxury standards expected for a property of this caliber.
The property's extremely high price point and its nature as a development opportunity target a very specific, affluent buyer demographic, which could potentially extend the market time.
If you could live anywhere, this would be it! A 54,000 sq. ft. lot on the most prestigious street in Brentwood is approved for building. No obstacles! Now, you can fashion a distinctive estate for your own personal lifestyle on this beautiful site with ocean views. The possibilities are endless... build a magnificent compound with every amenity at your fingertips... as in the existing Marmol Radziner renderings. OR... Expand the lovely Paul Williams into an exquisitely enchanting home with bounteous spaces for large galas and charity dinners blended with the luxurious private quarters you desire, amidst gorgeous European gardens. OR... Construct the forever country estate you have dreamed of with expansive grounds that offer abundant space for entertaining, and unforgettable celebrations on the sprawling lawns. Any vision could come to life in this idyllic setting with 200 feet of frontage on quiet, secluded Oakmont Drive. A once-in-a-lifetime opportunity, you must see to believe.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades PK-5 • 1.9 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,867 | 3,092.5 | 70% |
| Lot Size | 54,946 | 11,235.5 | 94% |
| Price | $13.90M | $3.88M | 92% |
| Price per sq ft | $3.6K | $1.4K | 97% |
| Built year | 1940 | 1955 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 366 | 200 | 97% |
Mar 1, 2026
$13,900,000
$15,995,000
-13% Price Drop
Initial Listing
Apr 21, 2025
$15,995,000
Initial Listing