Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

7 Oakmont Drive

Los Angeles, CA, 90049

1 / 15View all 15 photos

$13,900,000

MLS: 25527779

Beds

2

Baths

4

Sq Ft

3,867

Lot

1.26 ac

Year Built

1940

MLS #

25527779

Days on Market

331

Listed

Apr 21, 2025

Description

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.

Location

Los Angeles, Los Angeles County, CA 90049

Open on Google Maps ↗

Listed by: Mary Lu Tuthill · Coldwell Banker Realty

Payment estimate

$96,855

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,390,000 · Loan: $12,510,000

%
Principal & Interest
$76,864
Property tax (1.25%)
$14,479
Homeowners insurance
$300
Mortgage insurance
$5,213
Open the full calculator →

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 $486,500 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.

Similar Homes Nearby

Active and pending listings in ZIP 90049 (Los Angeles) within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access