308 Oceano Drive, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 4 bath
ACTIVE$6,495,000
308 Oceano Drive, Los Angeles, California 90049
4Beds
4Baths
3,248Sqft
10,813Lot
Year Built
1950
Close
-
List price
$6.5M
Original List price
$6.5M
Price/Sqft
$2,000
HOA
-
Days on market
-
Sold On
-
MLS number
25611889
Home ConditionFair
Features
Good View:
Deck
Pool
Patio
View
About this home
Possibly Over-Priced:The estimated price is 4% below the list price. We found 4 Cons,6 Pros. Rank: price - $6.50M(75th), sqft - 3248(49th), beds - 4(50th), baths - 4(50th).
Tucked away on a quiet cul-de-sac in prime Brentwood, this charming traditional sits on a nearly 11,000 sq ft lot surrounded by mature trees and lush greenery. The expansive, sun-filled yard features a sparkling pool and a tranquil setting that feels worlds away from the city. Move-in ready as is or take advantage of the permitted plans for a major addition. A rare opportunity to enjoy or enhance a property in one of Brentwood's most sought-after locations - and an additional opportunity to take advantage of the fully permitted plans.
Nearby schools
5/10
Brentwood Science School
Public,•K-5•0.5mi
5/10
Brockton Avenue Elementary School
Public,•K-5•1.0mi
9/10
Franklin Elementary School
Public,•PK-5•1.4mi
7/10
Nora Sterry Elementary School
Public,•K-5•1.7mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•2.4mi
9/10
Warner Avenue Elementary School
Public,•K-5•2.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•4.3mi
8/10
Lanai Road Elementary School
Public,•K-5•6.4mi
8/10
Lincoln Middle School
Public,•6-8•2.2mi
6/10
Gaspar De Portola Middle School
Public,•6-8•8.6mi
5/10
William Mulholland Middle School
Public,•6-8•9.4mi
6/10
University Senior High School
Public,•9-12•1.0mi
6/10
University Senior High School Charter
Public,•9-12•1.0mi
8/10
Santa Monica High School
Public,•9-12•3.3mi
6/10
Van Nuys Senior High School
Public,•9-12•9.2mi
Price History
Date
Event
Price
11/10/25
Listing
$6,495,000
11/03/23
Sold
$4,500,000
Condition Rating
Fair
Built in 1950, this 'charming traditional' home is described as 'move-in ready' but the property analysis notes 'potential for dated systems' and a 'traditional style' that may not appeal to all buyers. While the living areas show well-maintained hardwood floors and some recessed lighting, there are no images of the kitchen or bathrooms. Given the age and the 'traditional' description, it's highly probable these key areas are functional but reflect an older aesthetic, likely updated 15-30 years ago rather than recently. The existence of permitted plans for a 'major addition' further suggests the current structure, while habitable, is not considered fully modernized. It's well-maintained but shows signs of being outdated in style and potentially in systems, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Prime Brentwood Location: Situated on a quiet cul-de-sac in one of Brentwood's most sought-after areas, offering exclusivity and desirability.
Significant Development Potential: Includes fully permitted plans for a major addition, providing a clear path for a buyer to enhance and customize the property's value and living space.
Expansive Lot & Outdoor Amenities: Features a nearly 11,000 sq ft lot with an expansive, sun-filled yard, sparkling pool, mature trees, and lush greenery, creating a tranquil and private oasis.
Move-in Ready Condition: The property is described as 'move-in ready as is,' allowing for immediate occupancy while offering the option for future enhancements.
Desirable Views: The property explicitly states it 'has_view,' which is a premium feature in the Los Angeles market, enhancing its appeal and value.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3248, other record living area = 3048. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age of Property & Potential for Dated Systems: Built in 1950, the 'charming traditional' home may have older infrastructure (e.g., plumbing, electrical, HVAC) that could require significant updates or maintenance, despite being move-in ready.
Significant Recent Price Appreciation: The property sold for $4.5M in November 2023 and is now listed at $6.495M. This substantial price increase in a short period may raise questions about the current valuation and could be perceived as aggressive pricing.
Traditional Style May Limit Buyer Pool: While 'charming traditional,' the existing aesthetic may not appeal to all luxury buyers in Brentwood who often seek contemporary or fully modernized homes, potentially necessitating further renovation beyond the planned addition.