$1,550,000

4016 Lyceum Avenue, Los Angeles, CA 90066

3 beds |
3 baths |
2,210 sqft

Multi-Family Home
Built in 1924
5,258sqft lot
2 car garage
$701/sqft
Listed 14 days ago

Property Description

Just two miles from the beach in the sought-after Del Rey neighborhood, this charming 1924 side-by-side duplex presents a rare owner-user opportunity in one of the Westside's most desirable coastal communities. Set on a 5,258 square foot lot and totaling approximately 2,210 square feet, the property blends vintage character with subtle Spanish Revival influences, including architectural arches, abundant natural light, and original oak hardwood floors. One residence, a spacious 2-bedroom, 2-bath home (approx. 1,225 sq ft), will be delivered vacant at close of escrow, offering the feel of a private single-family residence. The home features high ceilings, a welcoming front patio, formal dining room with French doors opening to a private terrace, and a backyard ideal for indoor-outdoor living. The adjacent residence is a 1-bedroom + den with formal dining room, currently leased at $3,500 per month through October 2026, providing stable in-place income. Each residence includes a private one-car garage with alley access.Located moments from Venice, Marina del Rey, and Culver City, the property offers convenient access to dining, shopping, and the Westside's vibrant coastal lifestyle.Ideal for an owner-user seeking coastal living with supplemental income or an investor interested in a classic character duplex in a premier Westside location. * Cap Rate and GRM are estimates, based on projected rents.

Listing Status:: Active
Date Added:: March 18, 2026
Data Last Updated:: April 2, 2026 at 1:16AM
Listing Office:: Sotheby's International Realty : 323-665-1700
Listing Agent:: Lissa Lebel : 323-842-0003
MLS ID:: 26664831

General: Ceiling Fan(s)
Appliances: DryerWasher
Flooring: TileWood
A/C: None
Heating: Natural GasWall Furnace
Fireplace: None

Style: Spanish
Parking: Door-MultiGarageOn StreetParking spaces: 2

Roofing: Rolled/Hot Mop
General: 1Raised

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LAR14230024001
View: None

Source: CRMLS_CL

This listing courtesy of Lissa Lebel , Sotheby's International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Short Avenue Elementary

12814 Maxella Ave, Los Angeles, CA, 90066

Grades KG-6

0.42 miles away

James J. Mcbride Special Education Center

3960 S Centinela Ave, Los Angeles, CA, 90066

Grades 6-12

0.63 miles away

Phoenix Continuation

12971 Zanja St, Los Angeles, CA, 90066

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.