Homes for sale - 3236 Velma DR, Los Angeles, CA 90068

$1,175,000

$1,199,500 2.0%

Est. payment - /mo

2 Beds

1 Bath

1,084 SqFt

UPDATED:

Key Details

Sold Price $1,175,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,084 sqft

Price per Sqft $1,083

MLS Listing ID SR24204962

Sold Date 11/22/24

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1938

Lot Size 0.279 Acres

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 C30 - Hollywood Hills East

Zoning LAR1

Rooms

Other Rooms Outbuilding

Main Level Bedrooms 2

Interior

Interior Features Beamed Ceilings, Built-in Features, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Tile Counters, Wood Product Walls

Heating Central

Cooling None

Flooring Carpet, See Remarks, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Range, Range Hood

Laundry See Remarks

Exterior

Garage Door-Multi, Door-Single, Garage Faces Front, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Block, Wrought Iron

Pool None

Community Features Mountainous

View Y/N Yes

View Hills, Mountain(s), Neighborhood

Porch Concrete, Covered, Open, Patio

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Front Yard, Sloped Up, Value In Land, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Outbuilding

New Construction No

Construction Status Fixer

Schools

Elementary Schools Valley View

Middle Schools Bancroft

High Schools Hollywood

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5579006029

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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Listed by Parastou Asadian • Equity Union • 818-212-0272
Bought with Clinton Sylvestre • PARTNER Real Estate

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Monica Arroyo

+1(760) 847-7866

Agent | License ID: 02074678

Agent License ID: 02074678

3236 Velma DR Los Angeles, CA 90068