Los Angeles, CA 90068,3236 Velma Drive
Los Angeles, CA 90068,3236 Velma Drive
Los Angeles, CA 90068,3236 Velma Drive
Los Angeles, CA 90068,3236 Velma Drive
Los Angeles, CA 90068,3236 Velma Drive
Los Angeles, CA 90068,3236 Velma Drive
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$ 1,199,500
Est. payment | /mo

2 Beds

1 Bath

1,084 SqFt


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$ 1,199,500
Est. payment | /mo
Save

2 Beds

1 Bath

1,084 SqFt

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

San Diego Regional MLS (SDMLS)
Listed by Parastou Asadian • Equity Union
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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3236 Velma Drive