3236 Velma Drive Los Angeles, CA 90068
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!
property details
Interior Features
Built-in Features
Ceiling Fan(s)
Cathedral Ceiling(s)
High Ceilings
Tile Counters
Range Hood
Wood
See Remarks
Exterior Features
Front Yard
Sloped Up
Garage Faces Front
Garage
Utility & Building Info
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Price History
| date | event | price | source |
|---|---|---|---|
|
11/23/2024
11/23/2024
|
Sold |
$1,175,000
|
CA Regional MLS (CRMLS) |
|
11/07/2024
11/07/2024
|
Contingent |
$1,199,500
|
CA Regional MLS (CRMLS) |
|
10/02/2024
10/02/2024
|
Active |
$1,199,500
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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