4340 Lyceum Avenue, Los Angeles, CA 90066

$1,495,000 Asking Price

2 beds
1 bath
1,370  sqft
Built in 1912

Trust Sale. Court Confirmation MAY BE required. Seller reserves the right to withdraw the property from the market, or cancel the sale, if already under contract, if there are any objections to the notice of proposed action (NOPA). For sale AFTER 52 years! Re-development opportunity in Mar Vista, conveniently located near Marina Del Rey! Only $1,091 per Sq. Ft.! Property is a 2-bed, 1-bath home approx. 1,370 bldg. sq. ft. on a 4,398 lot sq. ft. Title shows 3 Bedroom, and only 1,100 bldg. sq. ft. but the garage was converted with permits back in 2016 as shown also in Certificate of Occupancy issued in 2016, approx. 270 sq. ft. Total square feet is 1,370 sq. ft. The buyer is encouraged to independently verify the accuracy of the square footage, bedroom/ bathroom count, lot size, or dimensions, as well as any permitted or unpermitted spaces. The home boasts a fireplace in the living room, an island kitchen, and renovations to the bathroom and bedroom in 2014. The open floor plan seamlessly connects the living room and kitchen, enhanced by hardwood flooring and abundant natural light. Property being sold subject to current lease which expires on Jan 31st 2025. The current tenant pays $4,500 per month and pays all the utility costs. Property is sold AS IS and Where IS, with all faults, and without warranty, express or implied. Conveniently located just minutes from Playa Del Rey Beach, Marina Del Rey, LAX, parks, schools, and restaurants. Seller will not be responsible for any repairs, inspection reports, termite work, trash out, and mandatory government retrofit requirements prior to close. Seller is an independent fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations. Deadline for offers by 5pm on Wed., Sept. 18th.


Features & Amenities

Interior

General:
Ceiling Fan(s),Walk-In Closet(s)
Appliances:
Dishwasher,Gas Cooktop,Range Hood
Laundry:
In Garage
Flooring:
Tile,Wood
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
Rain Gutters
Style:
Traditional
Pool:
None
Parking:
Driveway, Parking spaces: 1

Construction

Roofing:
Shingle
General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 4212002010
View:
View
Fencing:
Block,Wood

Utilities

Water:
Public
Sewer:
Other

Financial

Source:
CRMLS

This listing courtesy of:
Ingenious Asset Group, Inc., Vineendra Jain

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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