Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

16501 Mulholland Drive

Los Angeles, CA, 90049

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$10,700,000

MLS: 26640411

Beds

8

Baths

12

Sq Ft

11,325

Lot

2.96 ac

Year Built

1981

MLS #

26640411

Days on Market

8

Listed

Jan 20, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90049

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Listed by: H. Blair Chang · The Agency

Payment estimate

$74,627

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,070,000 · Loan: $9,630,000

%
Principal & Interest
$59,168
Property tax (1.25%)
$11,146
Homeowners insurance
$300
Mortgage insurance
$4,013
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $374,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90049 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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