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!
MLS #
CRSR24204962
MLS Source
California Regional MLS
Appliances
Hood Over Range, Oven Range - Gas
Dining Room
Breakfast Nook, Formal Dining Room
Fireplace
Living Room
Flooring
Other
Cooling
Ceiling Fan, None
Heating
Central Forced Air
Pool
None
Garage/Parking
Attached Garage, Garage, Garage: 1 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR1
3236 Velma Dr is a Single Family Residence in Los Angeles, CA 90068. This 1,084 square foot property sits on a 0.278 Acres Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $1,175,000 and was built in 1938.
This address can also be written as 3236 Velma Dr, Los Angeles, CA 90068.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 24, 2024. For the most current information, please contact Parastou Asadian