Millman Team Real Estate

$1,550,000
3 Bed
3 Bath
2,210 Sqft
0.12 Acre Lot

4016 Lyceum Avenue, Los Angeles, California 90066

  • Residential Income Property Type
  • 2,210 Sqft Square Footage
  • Garage Cars Garage
  • 1924 Year Built
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.

Basic Details
Residential Income
For Sale
26664831
$1,550,000
None
3
3
2,210 Sqft
1924
0.12 Acre
Active
1
: Rolled/Hot Mop
Features
: Wall Furnace, Natural Gas
: None
: None
: Garage, Door-Multi, On Street
: Spanish
: Tile, Wood
: Ceiling Fan(s)
$0
Appliances
: Dryer, Washer
Address Map
CA
Los Angeles
Los Angeles
90066
Lyceum
4016
Avenue
W119° 33' 41.6''
N33° 59' 40.3''
West
Located in Del Rey just south of Washington Blvd, near McConnell Ave and Alla Rd, minutes from Marina del Rey and Venice.
C12 - Marina Del Rey
LAR1
Additional Information
$0
$0
$0
$0
$0
2210
: Raised
2.0
: One
2
2026-03-18
1
1
Broker/Agent Information
Sotheby's International Realty
Lissa Lebel
Listing Information
Allen Roth
CLW-X44971
CLW-X70275
Sotheby's International Realty
CLW-C130260
CLW-X70367
Cash, Conventional
Active
2026-03-27T01:23:39Z
CRMLS
: Standard
2026-03-18T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us