About 3236 Velma Drive
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!
Features of 3236 Velma Drive
| MLS® # | SR24204962 |
|---|---|
| Price | $1,199,500 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,084 |
| Acres | 0.28 |
| Year Built | 1938 |
| Type | Residential |
| Sub-Type | Detached |
| Status | Closed |
Community Information
| Address | 3236 Velma Drive |
|---|---|
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90068 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Garage,Garage - Single Door,Garage - Two Door |
| # of Garages | 1 |
| View | Mountains/Hills,Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | N/K |
Interior
| Interior Features | Beamed Ceilings,Tile Counters |
|---|---|
| Appliances | Gas Range |
| Heating | Forced Air Unit |
| Cooling | N/K |
| Fireplace | Yes |
| Fireplaces | FP in Living Room |
| # of Stories | 1 |
| Stories | 1 Story |
Exterior
| Construction | Brick,Stucco,Wood,Frame |
|---|
Additional Information
| Date Listed | October 2nd, 2024 |
|---|---|
| Days on Market | 51 |
| Zoning | LAR1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Equity Union |
|---|