7 Oakmont Drive, Los Angeles, California 90049, Los Angeles, 90049 - 2 bed, 4 bath
7 Oakmont Drive
Los Angeles, California 90049
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 54946, living area = 3867.
- Great Schools
Elementary School: Fairburn Avenue Elementary School (9/10).
- Prestigious Brentwood Address
Located on 'the most prestigious street in Brentwood,' Oakmont Drive, offering unparalleled exclusivity and a prime address in a highly sought-after area.
CONSRISKS & DEFICIENCIES
- Substantial Additional Investment Required
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.
- Age of Existing Residence
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.
- Niche Buyer Market
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.
About 7 Oakmont Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 54,946 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Brentwood Science School
Grades K-5 • 1.5 mi
Franklin Elementary School
Grades PK-5 • 1.9 mi
Brockton Avenue Elementary School
Grades K-5 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,867 | 3,122 | 69% |
| Lot Size | 54,946 | 11,710 | 93% |
| Price | $13.90M | $3.81M | 92% |
| Price per sq ft | $3.6K | $1.4K | 97% |
| Built year | 1940 | 1958 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 319 | 182 | 95% |
Pricing History
Listed for Sale
Mar 1, 2026
$13,900,000
$15,995,000
-13% Price Drop
Initial Listing
Price Change
Apr 21, 2025
$15,995,000
Initial Listing