4339 Lyceum Avenue, Los Angeles, California 90066, Los Angeles, 90066 - 2 bed, 1 bath
ACTIVE$1,195,000$528/sqft
4339 Lyceum Avenue, Los Angeles, California 90066
2Beds
1Bath
528Sqft
4,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Farragut Elementary School (9/10).
Top Cons:
Extremely Small Living Space: At only 528 sqft, the interior living space is exceptionally compact, which may not meet the needs of many buyers, especially at this price point.
Compared to the nearby listings
Price:$1.20M vs avg $2.10M ($-904,500)5%
Size:528 sqft vs avg 1,810.5 sqft1%
Price/sqft:$2.3K vs avg $1.2K99%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924, this 100-year-old property's value is explicitly stated to be 'predominantly in the land and location,' with the listing suggesting a 'significant renovation or rebuild.' The exterior image shows visible signs of age and deferred maintenance, including an older roof and cracked pathways. With only 528 sqft, and no interior photos to indicate any recent updates, it's highly likely that major systems (plumbing, electrical, HVAC) and finishes require complete overhaul or replacement, aligning with a property whose structure is considered beyond economical repair for modern living standards, making it a tear-down candidate for redevelopment.
Year Built
1924
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$2,263
HOA
-
Days on market
-
Sold On
-
MLS number
26632677
Home ConditionTear down
Features
View-
About this home
G
George Chung
Listing Agent
Nearby schools
6/10
Short Avenue Elementary School
Public,•K-6•0.1mi
6/10
Grand View Boulevard Elementary School
Public,•K-5•0.8mi
7/10
Beethoven Street Elementary School
Public,•K-5•1.1mi
5/10
Braddock Drive Elementary School
Public,•K-5•1.1mi
8/10
Coeur D'Alene Avenue Elementary School
Public,•K-5•1.2mi
3/10
Stoner Avenue Elementary School
Public,•K-5•1.3mi
8/10
Playa Del Rey Elementary School
Public,•K-5•1.5mi
6/10
La Ballona Elementary School
Public,•K-5•2.1mi
9/10
Farragut Elementary School
Public,•K-5•2.3mi
8/10
El Rincon Elementary School
Public,•K-5•2.5mi
2/10
Marina Del Rey Middle School
Public,•6-8•0.7mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•1.1mi
7/10
Culver City Middle School
Public,•6-8•2.2mi
6/10
Venice Senior High School
Public,•9-12•0.8mi
8/10
Culver City High School
Public,•9-12•2.2mi
Condition Rating
Tear down
Built in 1924, this 100-year-old property's value is explicitly stated to be 'predominantly in the land and location,' with the listing suggesting a 'significant renovation or rebuild.' The exterior image shows visible signs of age and deferred maintenance, including an older roof and cracked pathways. With only 528 sqft, and no interior photos to indicate any recent updates, it's highly likely that major systems (plumbing, electrical, HVAC) and finishes require complete overhaul or replacement, aligning with a property whose structure is considered beyond economical repair for modern living standards, making it a tear-down candidate for redevelopment.
Pros & Cons
Pros
Great Schools: Elementary School: Farragut Elementary School (9/10).
Prime Location: Situated in the highly desirable Marina Del Rey area (MLS Area C12), offering excellent access to amenities, beaches, and Westside attractions.
Significant Lot Size & Development Potential: A 4400 sqft lot provides ample space for expansion of the existing small structure or potential for a complete redevelopment, maximizing value in a prime Los Angeles location.
Excellent School Proximity: Located just 0.08 miles from Short Avenue Elementary School (rated 6) and within reasonable distance to other highly-rated schools like Culver City High (rated 8), appealing to families.
Investment/Renovation Opportunity: The property's small size on a decent lot, combined with its age, presents a compelling opportunity for a buyer looking to undertake a significant renovation or rebuild to unlock substantial equity.
Historic Character Potential: Built in 1924, the home may possess architectural details or charm characteristic of its era, appealing to buyers who appreciate historical properties.
Cons
Extremely Small Living Space: At only 528 sqft, the interior living space is exceptionally compact, which may not meet the needs of many buyers, especially at this price point.
High Price for Square Footage: The list price of $1,195,000 for 528 sqft represents a very high price per square foot, indicating that the value is predominantly in the land and location, requiring significant additional investment for a livable home.
Age-Related Maintenance/Renovation Needs: Built in 1924, the property is likely to require substantial updates to its systems (plumbing, electrical, HVAC) and finishes, incurring considerable renovation costs for a modern standard of living.