15401 Mulholland Drive, Los Angeles, California 90077, Los Angeles, 90077 - 4 bed, 4 bath

15401 Mulholland Drive, Los Angeles, California 90077 home-pic-0
ACTIVE$3,495,000
15401 Mulholland Drive, Los Angeles, California 90077
4Beds
4Baths
3,360Sqft
21,650Lot
Year Built
1950
Close
-
List price
$3.5M
Original List price
$3.79M
Price/Sqft
$1,040
HOA
-
Days on market
-
Sold On
-
MLS number
25562261
Home ConditionFair
Features
Excellent View: City Lights, Canyon, Mountain(s), Pool, Valley
Pool
Patio
ViewCity Lights,Canyon,Mountain(s),Pool,Valley

About this home

We found 3 Cons,5 Pros. Rank: price - $3.50M(50th), sqft - 3360(50th), beds - 4(50th), baths - 4(50th).

Tucked away on an exclusive private street off of iconic Mulholland Blvd that is shared with only five other homes, this exceptional property presents a rare opportunity for homeowners or developers to reimagine a timeless residence in one of Los Angeles' most coveted and view locations. This ultra-private Bel Air estate boasts sweeping 180-degree jetliner views of the San Fernando Valley and is set on a generous 21,644+- sq ft lot. The 4-bedroom, 4-bathroom traditional home is approximately 3,360+- sq ft. and originally built in 1950 with a 1993 addition of a main bedroom and a 4th bedroom. The home is filled with classic charm and centers around a serene swimming pool, offering mostly single-level living with the 4th bedroom/office with viewing balcony situated upstairs. Ideally located just East of the 405 Freeway at Roscomare Drive minutes from top-tier public and private schools, the Glen Centre's upscale shops and dining this property offers convenience, privacy, and endless potential. Trust sale.

Price History

Date
Event
Price
08/15/25
Price Change
$3,495,000-7.9%
07/09/25
$3,795,000
Condition Rating
Fair

Built in 1950 with a 1993 addition, this property exhibits significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features dated wood cabinetry, older appliances (e.g., brown double wall oven), terracotta-style flooring, and an antique light fixture. Bathrooms showcase 1980s/early 1990s styles with gold-tone fixtures, glass block walls, patterned wallpaper, and dated vanities. While the home appears well-maintained and functional, it requires substantial cosmetic updates and modernization to meet current quality standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exclusive Bel Air Location: Situated on a private street off iconic Mulholland Blvd in Bel Air, offering unparalleled privacy and prestige in a highly coveted area.
Sweeping Panoramic Views: Features breathtaking 180-degree jetliner views of the San Fernando Valley, city lights, canyons, and mountains, a premium asset.
Significant Lot Size & Development Potential: A generous 21,644+ sq ft lot provides ample space for expansion or redevelopment, appealing to both homeowners and developers.
Desirable Lifestyle Amenities: Includes a serene swimming pool and mostly single-level living, enhancing comfort and appeal for a luxury lifestyle.
Strategic Accessibility: Conveniently located near the 405 Freeway, top schools, and upscale dining/shopping, balancing privacy with urban access.

Cons

Age and Condition (Renovation Required): Built in 1950, the property likely requires substantial renovation or 'reimagining' to align with contemporary luxury standards, representing a significant investment for the buyer.
Trust Sale Implications: Sold as a 'Trust sale,' which typically implies an 'as-is' condition with limited seller disclosures, potentially increasing buyer risk and due diligence requirements.
Potential for High Renovation Costs: Given the age and the need for updates in a luxury market, the cost to modernize and upgrade the property could be substantial, adding to the overall acquisition expense.

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