3875 Marcasel Avenue
Los Angeles, CA, 90066
$2,495,000
MLS: 21796130
Beds
2
Baths
2
Sq Ft
1,588
Lot
0.25 ac
Year Built
1924
MLS #
21796130
Days on Market
1,031
Listed
Oct 17, 2021
Description
Incredible big lot vibes at this expansive and completely flat 1/4 acre lot in The Oval District, locally referred to as The Beverly Hills of Mar Vista. Originally home to the classic Mar Vista Race Track, this section of town offers one of the last opportunities to build your own lush compound in the heart of the Westside. Central to Venice Beach, Culver City, Santa Monica, and Playa Vista, this rare setting is ideally located to the most desired coastal lifestyle convenient to everything LA minded. 3873, a detached contemporary in the rear of the property, includes a 2 story bonus space waiting to be transformed. Build your dream compound with more than one structure, an estate sized pool, and the idyllic setting you have always wanted to create just a few miles from the coast. Truly a special opportunity, beyond what you'd expect from an average buildable Mar Vista property site. LA, the most international and coveted space to create your environment of creativity and love. Home, is here.
Location
Los Angeles, Los Angeles County, CA 90066
Open on Google Maps ↗Listed by: Justin Alexander · Compass
Payment estimate
$17,631
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $249,500 · Loan: $2,245,500
- Principal & Interest
- $13,797
- Property tax (1.25%)
- $2,599
- Homeowners insurance
- $300
- Mortgage insurance
- $936
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $87,325 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.
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