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16557 Park Lane Dr, Los Angeles, CA 90049
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16557 Park Lane Dr Los Angeles, CA 90049

$2,925,000 Sold Price as of 09/26/2023
  • 4 Beds
  • 4 Baths
  • 3,945 Sq.Ft.
Sold
$2,925,000 Sold Price as of 09/26/2023 Refinance Your Mortgage
Map preview of 16557 Park Lane Dr, Los Angeles, CA 90049

Property Overview: 16557 Park Lane Dr Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,945 living square feet and 14,531 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The is a fantastic view home, on a premium lot, in the Bel Air Knolls area of upper Brentwood; extremely convenient to westside, San Fernando Valley, and excellent public and private schools. This one-story home has graciously proportioned rooms with lofty vaulted ceilings, clerestory windows, and two wood burning fire places. The floor plan is exceptional with large entrance, wide hallways, enormous living room and formal dining room. The family room is spacious and has French doors to covered back patio. The layout of the kitchen is wonderful with large island, separate pantry, and access to the backyard. Generously sized bedrooms and bathrooms; the primary suite has French doors to backyard and lovely open views. The home has been well-maintained, and could be stunning with some cosmetic updates in terms of paint, flooring, fixtures, and cabinetry. The lot is private, fully landscaped, and offers valley views. The flat backyard and side yard have ample room for pool, outdoor living spaces, and play areas. This is a wonderful, livable home with vast possibilities. This property will not disappoint.

Listed by Robert Mahterian | BRE #01227402 | Homesmart Evergreen Realty
Last checked: 2 minutes ago | Last updated: September 26th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
14,531
HOA Dues
$13/mo
Year built
1971
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR23148949
City
Los Angeles
County
Los Angeles
Time on Site
255 days

Property Details for 16557 Park Lane Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Inside, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Masonry, Raised Hearth
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 4
  • Eating Area: Area, Dining Room, In Kitchen
  • Flooring: Concrete, Stone
  • All Bedrooms Down, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Gas Cooktop, Refrigerator, Water Heater
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Bar, Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Ceramic Counters, Crown Molding, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Stone Counters
  • Levels: One
  • Window Features: Atrium, Blinds, Drapes, Screens
  • Security Features: Wired for Alarm System
  • Door Features: Double Door Entry, French Doors
Exterior Features
Exterior Information
  • Roof: Concrete
  • Rain Gutters
  • Has Fence
  • Block
  • Has Spa
  • Spa Features: In Ground
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio Open, Rear Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Concrete, Paved, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Has Attached Garage
  • NA
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Gentle Sloping, Lot 10000-19999 Sqft, Irregular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 4490008035
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: No Interior Steps
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bel Air Knolls Property Owner's Association
  • Association Fee: $150 (Annually)
  • Association Amenities: Other
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: 405, exit Mulholland Drive, travel west to Park Lane Circle and turn left, then right on Park Lane Drive
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 16557 Park Lane Dr

Last sold for $2,925,000 on September 26th, 2023

  • September, 2023

  • Sep 26, 2023

    Date

    Sold

    CRMLS: SR23148949

    $2,925,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: SR23148949

    $3,150,000

    Price

Tax History for 16557 Park Lane Dr

Assessed Value (2020): $320,530
Year Land Value Improved Value Assessed Value
2020 $114,752 $205,778 $320,530

Home Value Compared to the Market

This property vs the competition

16557 Park Lane Dr sold on September 26, 2023 for 164.71% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $798.48 per/sqft which puts the price per square foot 5.76% higher than the current median sale per square foot for the city of Los Angeles.

About 16557 Park Lane Dr

Detailed summary of property

16557 Park Lane Dr is a single family home that recently sold in Los Angeles, CA 90049. This house offered 4 bedrooms, 4 bathrooms, roughly 3,945 living square feet, and sits on an approximately 14,531 square foot lot. 16557 Park Lane Dr was first listed on ArdentRealEstateGroup.com on August 26, 2023. The homeowner sold the property for $2,925,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 164.71% higher than the current median priced home. Local homes that are currently for sale include 1126 Chantilly Rd, 10297 N Mariel Ln and 2086 Westridge Rd. This home does have a Homeowners Association and the monthly fee is $13 per month. While the average home in Los Angeles, CA is selling in 94 days, 16557 Park Lane Dr has a days on market of 8 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 16557 Park Lane Dr Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 16557 Park Lane Dr

Public county record property details
Beds
4
Baths
4
Year built
1971
Sq. Ft.
3,945
Lot Size
14,531
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
60
APN
4490-008-035

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,495,000
Median List Price/Sq.Ft.
$1,037
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
194
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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