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4340 Lyceum Ave, Los Angeles, CA 90066

Sale Price: $1,375,000
Aug 29, 20241,370 sqft2 beds1 baths
Listed by: Vineendra Jain
License #: 01413466
Phone #: 310-207-2288
Ingenious Asset Group, Inc.
Source:
CRMLS Logo
MLS #: 24432853

Property Description

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 $872 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, 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,820

TurboHome Estimated Value

$1,391,500

$1,016 sqft

High Valuation
$1,461,075
$1066/sqft
Normal Valuation
$1,391,500
$1016/sqft
Low Valuation
$1,321,925
$965/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1016/sqft$1,391,500

Neighborhood: Playa Vista

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Comparative Value

$985K

$1.20M

$1.34M

$1.73M

4335 Alla Rd 8, Marina Del Rey, CA 90292

Sale Price: $985,000

Selected Comparable

4340 Lyceum Ave, Los Angeles, CA 90066

List Price: $1,195,000

Subject Property

4216 Sunnyside Ave, Los Angeles, CA 90066

Sale Price: $1,340,000

Selected Comparable

4340 Lyceum Ave, Los Angeles, CA 90066

Sale Price: $1,375,000

Selected Comparable

4320 Chase Ave, Los Angeles, CA 90066

Sale Price: $1,400,000

Selected Comparable

4327 Lyceum Ave, Los Angeles, CA 90066

Sale Price: $1,725,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4340 Lyceum Ave, Los Angeles, CA 90066

4340 Lyceum Ave, Los Angeles, CA 90066

List: $1,195,000

Listed: 8/29/2024

Area:1,370 sqft
Price/sqft:$872
Beds:2
Baths:1
Year Built:
Lot Size:4,398

Comparable Properties

COMPARABLE
Choose comps
4340 Lyceum Ave, Los Angeles, CA 90066

4340 Lyceum Ave, Los Angeles, CA 90066

Sale: $1,375,000

12/18/20240.00 mi

Area:1,370 sqft
Price/sqft:$1,004
Beds:2
Baths:1
Year Built:
Weight:23.1%
4327 Lyceum Ave, Los Angeles, CA 90066

4327 Lyceum Ave, Los Angeles, CA 90066

Sale: $1,725,000

5/2/20250.04 mi

Area:1,265 sqft
Price/sqft:$1,364
Beds:2
Baths:2
Year Built:
Weight:20.6%
4216 Sunnyside Ave, Los Angeles, CA 90066

4216 Sunnyside Ave, Los Angeles, CA 90066

Sale: $1,340,000

5/1/20250.28 mi

Area:1,071 sqft
Price/sqft:$1,251
Beds:2
Baths:1
Year Built:
Weight:20.2%
4320 Chase Ave, Los Angeles, CA 90066

4320 Chase Ave, Los Angeles, CA 90066

Sale: $1,400,000

1/16/20250.27 mi

Area:1,511 sqft
Price/sqft:$927
Beds:2
Baths:2
Year Built:
Weight:18.4%
4335 Alla Rd 8, Marina Del Rey, CA 90292

4335 Alla Rd 8, Marina Del Rey, CA 90292

Sale: $985,000

4/11/20250.13 mi

Area:1,057 sqft
Price/sqft:$932
Beds:2
Baths:2
Year Built:
Weight:17.7%

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