3236 Velma Drive Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90068
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,084 sqft
Price per Sqft $1,106
MLS Listing ID SR24204962
Style Detached
Bedrooms 2
Full Baths 1
Construction Status Fixer
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 areas 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. Dont miss this rare opportunity in a coveted neighborhood!
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 areas 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. Dont miss this rare opportunity in a coveted neighborhood!
Location
State CA
County Los Angeles
Area Los Angeles (90068)
Zoning LAR1
Interior
Interior Features Beamed Ceilings,Tile Counters
Flooring Carpet,Wood,Other/Remarks
Fireplaces Type FP in Living Room
Equipment Gas Range
Appliance Gas Range
Laundry Other/Remarks
Exterior
Exterior Feature Brick,Stucco,Wood,Frame
Garage Garage,Garage - Single Door,Garage - Two Door
Garage Spaces 1.0
Fence Wrought Iron
View Mountains/Hills,Neighborhood
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Fixer
Others
Miscellaneous Value in Land,Mountainous
Acceptable Financing Cash,Cash To New Loan
Listing Terms Cash,Cash To New Loan
Special Listing Condition Standard