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$1,799,000
MLS: 26743607
Beds
3
Baths
3
Sq Ft
1,929
Lot
0.18 ac
Year Built
1946
MLS #
26743607
Days on Market
1
Listed
Apr 24, 2026
Description
Welcome to 3815 Lyceum Avenue, a well-maintained, move-in ready home on a rare oversized lot in the heart of Mar Vista one of West Los Angeles' most sought-after neighborhoods. Offering approximately 1,929 square feet of living space on an expansive ~7,800 sq ft lot, this property presents a unique opportunity to enjoy today while unlocking significant future potential. This 3-bedroom, 3-bathroom home features a functional layout with generous living spaces, abundant natural light, and laminate flooring throughout. The primary suite offers a comfortable private retreat, while the additional bedrooms provide flexibility for guests, a home office, or creative use. The detached garage and extended driveway allow for ample parking and open the door to potential ADU conversion or future expansion (buyer to verify). The spacious backyard is a true standout, featuring multiple mature fruit trees and plenty of room to design a custom outdoor space, expand the existing home, or create a modern compound. This is a well-cared-for home with key upgrades already in place, including a newer HVAC system and roof, offering both comfort and peace of mind. Ideally located on a quiet residential street near Venice High School, and just minutes from Abbot Kinney Boulevard, Venice Beach, and Santa Monica Beach, this home provides convenient access to some of the Westside's best shopping, dining, parks, and major tech and employment hubs. Mar Vista is known for its strong community feel, vibrant local markets, and blend of classic California charm with continued growth and development, making it a highly desirable place to live and invest. With its oversized lot, move-in ready condition, and exceptional value-add potential, 3815 Lyceum Avenue is a rare opportunity for both end-users and investors looking to secure a property with long-term upside in a prime Westside location.
Location
Los Angeles, Los Angeles County, CA 90066
Open on Google Maps ↗Listed by: Manjeet Bhasin · Real Broker
Payment estimate
$12,944
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $179,900 · Loan: $1,619,100
- Principal & Interest
- $10,096
- Property tax (1.25%)
- $1,874
- Homeowners insurance
- $300
- Mortgage insurance
- $675
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 7, 2026
- 30-year fixed
- 6.37%
- 15-year fixed
- 5.72%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $62,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90066 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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