2366 Lyric Avenue, Los Angeles, California 90027, Los Angeles, 90027 - 4 bed, 4 bath
ACTIVE$1,775,000
2366 Lyric Avenue, Los Angeles, California 90027
4Beds
4Baths
2,363Sqft
3,101Lot
Year Built
1931
Close
-
List price
$1.77M
Original List price
$1.95M
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
AR25149295
Home ConditionExcellent
Features
Good View: Neighborhood
Deck
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.77M(27th), sqft - 2363(46th), beds - 4(52th), baths - 4(55th).
This beautiful Tri Level home sits in the desirable Franklin Hills where its shows a spectacular view. This home also features all the upgrades installed in 2016-2017 granite counter tops, double pane windows, central A/C, and many more. New Roof, new sewer liner, and partial plumbing were installed 2019-2020. It also has a guest room on the bottom floor with its own permitted full bathroom and its own entry which also can be used as a rental for additional income. Interior paint for whole house was done 2yrs ago and is still in good condition. The attached pictures of the home were taken in 2016-2017 when the renovations were competed.
Nearby schools
9/10
Ivanhoe Elementary School
Public,•K-5•0.6mi
8/10
Franklin Avenue Elementary School
Public,•K-6•0.6mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.1mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.1mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.1mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.3mi
4/10
Grant Elementary School
Public,•K-6•2.2mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•2.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.7mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.5mi
8/10
John Marshall Senior High School
Public,•9-12•0.3mi
6/10
Hollywood Senior High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
09/02/25
Price Change
$1,775,000-6.3%
08/05/25
$1,895,000
07/03/25
$1,950,000
07/21/15
Sold
$1,050,000
Condition Rating
Excellent
Despite being built in 1931, this property has undergone extensive and recent renovations. Major systems such as the roof, sewer liner, and partial plumbing were updated in 2019-2020. Comprehensive upgrades including granite countertops, double-pane windows, and central A/C were completed in 2016-2017. The interior was repainted two years ago. The kitchen features modern shaker-style cabinets, granite countertops, and updated appliances, while the bathroom boasts contemporary tiling, a glass-enclosed shower, and a modern tub. These significant and recent updates ensure the property meets current quality standards with virtually new components and no deferred maintenance.
Pros & Cons
Pros
Prime Location & Views: Situated in the desirable Franklin Hills, the property boasts spectacular views, enhancing its appeal and potential for appreciation.
Extensive Modern Upgrades: The home has undergone significant renovations between 2016-2020, including granite countertops, double-pane windows, central A/C, a new roof, and updated plumbing/sewer, reducing immediate maintenance needs.
Income-Generating Potential: A permitted guest room on the bottom floor with its own full bathroom and separate entry offers excellent potential for rental income or flexible multi-generational living.
Modern Comfort & Efficiency: Equipped with central air conditioning and double-pane windows, the property provides enhanced comfort and improved energy efficiency.
Access to Top-Rated Schools: The property benefits from proximity to highly-rated public schools, including Ivanhoe Elementary (9/10) and John Marshall Senior High (8/10), a significant draw for families.
Cons
Outdated Marketing Photos: The listing explicitly states that attached pictures were taken in 2016-2017, which may not accurately reflect the current condition of the property and could raise buyer skepticism.
Multiple Price Reductions: The property has seen several price reductions from its original list price of $1.95M to $1.775M, potentially indicating overpricing or market resistance.
Limited Outdoor Space: With a lot size of 3101 sqft for a 2363 sqft tri-level home, outdoor living space is likely restricted, which might be a drawback for buyers seeking larger yards.