3236 Velma Drive

Los Angeles,CA 90068

$ 1199500

2 Beds

1 Bath

1084 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,084 sqft

Price per Sqft $1,106

MLS Listing ID CRSR24204962

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1938

Lot Size 0.279 Acres

Acres 0.2786

Property Description

An exceptional investment opportunity awaits in a highly desirable Hollywood Hills East location! This offering includes two adjoining parcels: one 7,120 sq ft lot featuring a charming 2-bedroom, 1-bathroom home with 1,084 sq ft of living space, along with an unpermitted outbuilding, and the second parcel, a 5,016 sq ft empty lot. Combined, these street-to-street lots total over 12,000 sq ft, providing ample potential for development or expansion. With stunning mountain, hilltop, and treetop views, this property presents a prime canvas for builders or investors seeking to capitalize on the area’s sought-after real estate market. The location is unbeatable, offering nearby shopping and dining along trendy Ventura Blvd or the heart of Hollywood, plus proximity to Universal Studios and convenient access to the 101 freeway. Also within the boundaries of the highly rated Valley View Elementary School, this property is being sold in as-is condition, offering incredible upside for those with vision and expertise. Don’t miss this rare opportunity in a coveted neighborhood!

Location

State CA

County Los Angeles

Area Listing

Zoning LAR1

Interior

Interior Features Breakfast Nook,Tile Counters

Heating Central

Cooling Ceiling Fan(s),None

Flooring Carpet,Wood,See Remarks

Fireplaces Type Living Room

Fireplace Yes

Window Features Skylight(s)

Appliance Gas Range

Laundry See Remarks

Exterior

Exterior Feature Backyard,Back Yard,Front Yard,Other

Garage Spaces 1.0

Pool None

View Y/N true

View Hills,Mountain(s),Other

Total Parking Spaces 1

Private Pool false

Building

Lot Description Sloped Up

Story 1

Sewer Public Sewer

Water Public

Level or Stories One Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 5579006029

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