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3236 Velma DR Los Angeles, CA 90068
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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
Parking Features 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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Bought with Clinton Sylvestre • PARTNER Real Estate