3233 Wonder View Drive, Los Angeles, CA 90068

$1,995,000 Asking Price

3 beds
4 baths
2,268  sqft
Built in 1941

This rare property in the Lake Hollywood Knolls offers investors an excellent opportunity to develop it. Situated on a private hill with a large, gated 23,732-foot lot and 150-foot driveway, this home has fabulous 300-degree views of downtown LA, city lights, the coastline, the Valley, the mountains, and the Hollywood Sign. The home is sold "AS-IS." There will be no credits or price reductions. The price of the home has been set to reflect the work needed to restore it to its full potential. It may be a cash sale as many rooms are stripped down to the studs. There is also some geological work to do on the hillside. Reports are available to prospective buyers. The home's existing footprint shows 2,268 square feet on the public record. The home's floor plan is great, providing views from virtually every room and around the property's exterior. There may be room for a casita or guesthouse. This home was part of a larger family compound. Beautiful vistas and outdoor areas surround the home, complemented by an outdoor fireplace in the backyard. There is also an observation deck above the garage with breathtaking views and a workshop accessory building. Electrical, plumbing, and mechanical are all functional, and the A/C system is newer. Great location, 5 minutes close to the Hollywood Bowl, Whole Foods, Trader Joe's, Ralph's, shopping and restaurants. Hiking trails and walking around the lake are a short walk away and only 6 miles to the Burbank Airport. Easy to show. Please note that the seller may need up to two weeks past the close of escrow to clear out some personal items from the garage and driveway.


Features & Amenities

Interior

Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room,Outside, Fireplace

Exterior

General:
None
Style:
Contemporary
Pool:
None
Parking:
Door-Multi,Driveway,Electric Gate,Garage,Gated,Paved,Private, Parking spaces: 0

Construction

Roofing:
Composition
General:
Wood Siding, 1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR1, 5579034034
View:
City Lights,Coastline,Hills,Mountain(s),Panoramic,Valley,Trees/Woods, View

Financial

Source:
CRMLS

This listing courtesy of:
Rodeo Realty, Tom Otero

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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