3236 Velma Drive Contingent

Los Angeles,CA 90068

$ 1199500

2 Beds

1 Bath

1084 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Contingent

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

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 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

Flooring Carpet,Wood,Other/Remarks

Fireplaces Type FP in Living Room

Equipment 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

Building

Story 1

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Cash To New Loan

Listing Terms Cash,Cash To New Loan

Special Listing Condition Standard

View More
Favorite Go Tour