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3864 Boyce Avenue, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

3864 Boyce Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,700,000
3864 Boyce Avenue, Los Angeles, California 90039
0Bed
0Bath
2,785Sqft
6,752Lot
Year Built
1922
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$610
HOA
-
Days on market
-
Sold On
-
MLS number
WS24235144
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.70M(92th), sqft - 2785(83th), beds - undefined(50th), baths - undefined(50th).

Welcome to 3864 and 3866 Boyce Ave~ A lovely duplex in the highly desirable neighborhood of Atwater Village, nestled between Los Feliz and Glendale. Come take a look at this attractive Duplex property featuring two detached homes with great upside and potential. Front house features a cute 2 bedrooms, 1 bath floor plan with a 2-car carport. The rear two-story home offers a spacious 4 bedrooms, 2.5 bathrooms, high vaulted ceilings, attached 2 car garage, and a cover patio area. Both units feature Central AC & Heat, and Property has been well-maintained and offers simple management with separate meters for both units. Property has plenty of future upside and greater income potential with a little TLC and some remodeling/ improvements. Centrally located for shopping at Costco, wide selection of restaurants and amenities, and family outings at Dodger Stadium, Los Angeles Zoo and Griffith Park, as well as the Greek Theater. Easy access only few minutes from the 5 freeway, main cross street is Los Feliz Blvd, located a short distance to the Burbank Airport and downtown Los Angeles. Wonderful Investment property! **Please Note: Property's true rental income and expenses will be supplied in-escrow, or upon request with a written offer.**

Nearby schools

5/10
Glenfeliz Boulevard Elementary School
Public,•K-6•0.3mi
6/10
Cerritos Elementary School
Public,•K-6•0.5mi
4/10
Atwater Avenue Elementary School
Public,•K-6•0.8mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.0mi
4/10
Fletcher Drive Elementary School
Public,•K-6•1.3mi
8/10
Allesandro Elementary School
Public,•K-6•1.7mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.7mi
5/10
Columbus Elementary School
Public,•K-5•2.0mi
7/10
Balboa Elementary School
Public,•K-6•4.2mi
6/10
Theodore Roosevelt Middle School
Public,•6-8•1.0mi
6/10
Irving STEAM Magnet
Public,•6-8•1.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.1mi
7/10
Eleanor J. Toll Middle School
Public,•6-8•2.9mi
8/10
John Marshall Senior High School
Public,•9-12•1.3mi
6/10
Glendale High School
Public,•9-12•2.4mi
7/10
Herbert Hoover High School
Public,•9-12•2.9mi
Condition Rating
Fair
Built in 1922, this duplex presents a mixed condition. The rear unit shows signs of more recent updates in its kitchen (shaker cabinets, dark countertops, stainless steel appliances, recessed lighting) and bathrooms (modern vanities, updated tile), suggesting a renovation within the last 15-30 years. However, the front unit's kitchen features older cabinets, laminate countertops, and white appliances, while its bathroom has outdated fixtures and tile, clearly requiring substantial renovation. The property benefits from central AC & heat in both units, indicating some major system updates. Despite being 'well-maintained' as per the description, the explicit mention of needing 'TLC and some remodeling/improvements' confirms that significant updates are required, particularly in the front unit, aligning with the 'fair' category where major components are functional but show signs of being outdated and require minor to moderate updates.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Investment Opportunity: This duplex in a highly desirable Atwater Village location offers significant upside and income potential, explicitly marketed as a 'Wonderful Investment property!' with room for remodeling and improvements.
Two Detached Homes: The property features two separate, detached homes, providing enhanced privacy for tenants and distinguishing it from typical attached duplexes.
Desirable Location & Accessibility: Nestled between Los Feliz and Glendale, the property boasts excellent central access to shopping, diverse restaurants, entertainment venues (Dodger Stadium, Griffith Park), the 5 freeway, Burbank Airport, and downtown Los Angeles.
Modern Comforts & Easy Management: Both units are equipped with Central AC & Heat and separate utility meters, simplifying property management and offering modern comfort for residents.
Spacious Rear Unit: The rear two-story home is a substantial 4 bedrooms, 2.5 bathrooms, featuring high vaulted ceilings, an attached 2-car garage, and a covered patio area, appealing to a broader tenant base.

Cons

Required Renovation/TLC: The listing indicates 'plenty of future upside and greater income potential with a little TLC and some remodeling/ improvements,' suggesting that additional investment will be necessary to maximize its value and rental income.
Undisclosed Financials: True rental income and expenses are not provided upfront and will only be supplied in-escrow or upon request with a written offer, which may deter some investors seeking immediate financial transparency.
Age-Related Maintenance Concerns: Built in 1922, the property is over a century old, potentially implying a need for updates to older systems (e.g., plumbing, electrical) and higher ongoing maintenance costs.

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