308 Oceano Drive
Los Angeles, CA, 90049
$5,850,000
MLS: 26657573
Beds
4
Baths
4
Sq Ft
3,048
Lot
0.25 ac
Year Built
1950
MLS #
26657573
Days on Market
51
Listed
Mar 2, 2026
Description
Positioned in a coveted, quiet pocket of Brentwood, this English-inspired traditional pairs classic character with meaningful scale. Set on nearly 11,000 square feet of mature, tree-lined grounds, the property offers both privacy and presence, a combination that is increasingly rare in the neighborhood, with significant potential for value add and future expansion.Spanning over 3,000 square feet with four bedrooms and four baths, the home unfolds with warmth and architectural detail throughout. A formal living room anchored by a timeless brick fireplace introduces the home's understated elegance, while the dining room's custom built-ins add depth and functionality. The heart of the home is a generously scaled family room with its own fireplace, flowing naturally into a sunlit rear living space wrapped in floor-to-ceiling French doors, equally suited for casual dining, a playroom, or a relaxed secondary lounge. The layout balances defined rooms with comfortable connectivity, creating spaces that feel both intimate and open. Three first-floor bedrooms are thoughtfully arranged for privacy, while the spacious second-level primary suite serves as a quiet retreat, complete with its own fireplace and garden outlooks. Along with recently refreshed kitchen and bathrooms offering a modern esthetic. Outdoors, the expansive backyard is framed by lush landscaping and anchored by a pool, offering seclusion while being just moments from Brentwood's premier dining, shopping, and schools. For those seeking additional scale, the property includes fully permitted plans for a new build, eliminating uncertainty and providing a clear path toward a larger vision. Whether enjoyed as it stands or thoughtfully enhanced, this offering represents land, character, and long-term potential in one of the Westside's most enduring neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90049
Open on Google Maps ↗Listed by: Lauren Ravitz · Berkshire Hathaway HomeServices California Properties
Payment estimate
$40,937
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $585,000 · Loan: $5,265,000
- Principal & Interest
- $32,349
- Property tax (1.25%)
- $6,094
- Homeowners insurance
- $300
- Mortgage insurance
- $2,194
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 $204,750 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.
★#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.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.