$1,199,500
Accepting Backup Offers

3236 Velma Drive

Los Angeles, CA 90068
1084 sqft | 2 beds | 1 bath | 0.28 acres | #SR24204962
Listing OfficeEquity Union
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorBeamedCeilings, BuiltInFeatures, BreakfastArea, CeilingFans, CathedralCeilings, SeparateFormalDiningRoom, HighCeilings, TileCounters, Wo
    • Beds & Baths
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot DescriptionBackYard, FrontYard, SlopedUp, ValueInLand, Yard
      • ViewHills, Mountains, Neighborhood
      • Stories1
    • Measurements
      • Acres0.2786
      • Square Feet1084
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1938
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLos Angeles Unified
      • Elementary SchoolValley View
      • CountyLos Angeles
      • High SchoolHollywood
      • Middle SchoolBancroft
  • Financial Details
      • Original List Price$1,199,500
  • Other
      • MLS #SR24204962

Location

Paul FisherReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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