ActiveSingleFamilyResidence

3815 Lyceum Avenue

Los Angeles, CA, 90066

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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

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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
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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

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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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.