3846 Lyceum Ave, Los Angeles, CA 90066
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3846 Lyceum Ave Los Angeles, CA 90066

$1,550,000 Sold Price as of 11/18/2020
  • 5 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$1,550,000 Sold Price as of 11/18/2020 Refinance Your Mortgage

Map preview of 3846 Lyceum Ave, Los Angeles, CA 90066

Property Overview: 3846 Lyceum Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, -- living square feet and 5,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: You Could Live Mortgage Free! This income generating duplex in the heart of Silicon Beach will not only WOW you with its upgrades but also free up cash for enjoying all that this coveted location has to offer: The upcoming outdoor market mall, the beach (less than two miles away), and the general easy going vibe that is the heart of The Venice Beach Area. The Eco Upgraded unit (2br/1ba) was recently renovated with gorgeous subway tile, tankless water heater, and upgraded appliances. However, it is the back house that is included with this unit that steals the show. This is currently outfitted to house extra guests but could easily be converted into an office space, a she-shed, "man-cave", or a studio. The possibilities for this extra space are just endless! The second unit is a quaint (2br/1ba) complete with original windows and coved ceilings that add incredible charm. Each of the homes come with large outdoor spaces for entertaining.

Listed by Erin Alls | BRE #01906094 | Silicon Beach Homes
Last checked: 8 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,251
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20631522
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,000
  • Total Rent: $60,000
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $42,000
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $75
  • Gross Operating Income: $102,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $12,000

Property Details for 3846 Lyceum Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Bamboo, Wood
  • Bonus Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Cooktop
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 4236012019
  • Architectural Style: Spanish
  • Accessibility Features: None
  • Property Condition: Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
Location / Neighborhood
Location Information
  • Directions: Take Venice Blvd or Washington Blvd to Lyceum
View more facts & features

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Sale History for 3846 Lyceum Ave

Last sold for $1,550,000 on November 18th, 2020
  • November, 2020

  • Nov 18, 2020

    Date

    Sold

    CRMLS: 20631522

    $1,550,000

    Price

  • Nov 16, 2020

    Date

    Pending

    CRMLS: 20631522

    $1,595,000

    Price

  • Oct 2, 2020

    Date

    Active Under Contract

    CRMLS: 20631522

    $1,595,000

    Price

  • Sep 14, 2020

    Date

    Active

    CRMLS: 20631522

    $1,595,000

    Price

  • November, 2020

  • Nov 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

  • July, 2007

  • Jul 11, 2007

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

Show More

Tax History for 3846 Lyceum Ave

Assessed Value (2020): $1,098,109
Year Land Value Improved Value Assessed Value
2020 $750,649 $347,460 $1,098,109

Home Value Compared to the Market

This property vs the competition

3846 Lyceum Ave sold on November 18, 2020 for 34.03% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3846 Lyceum Ave

Detailed summary of property

3846 Lyceum Ave is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 5 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 5,251 square foot lot. 3846 Lyceum Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,550,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.03% higher than the current median priced home. Local homes that are currently for sale include 1952 S Corning St, 5869 Dauphin Ave and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 93 days, 3846 Lyceum Ave has a days on market of 17 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3846 Lyceum Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3846 Lyceum Ave

Public county record property details
Beds
4
Baths
2
Year built
1930
Sq. Ft.
1,534
Lot Size
5,251
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
42
APN
4236-012-019

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,009
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
113
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

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Related Resources to 3846 Lyceum Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.