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20
Photos
3236 Velma Drive, Los Angeles, CA 90068
$1,199,500 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,084
sqft
Built in
1938
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!
Features & Amenities
Interior
- General:
- Beamed Ceilings,Built-in Features,Breakfast Area,Ceiling Fan(s),Cathedral Ceiling(s),Separate/Formal Dining Room,High Ceilings,Tile Counters,Wood Product Walls
- Appliances:
- Gas Range,Range Hood
- Laundry:
- See Remarks
- Flooring:
- Carpet,See Remarks,Wood
- A/C:
- false, None
- Heating:
- true, Central
- Fireplace:
- Living Room, Fireplace
Exterior
- General:
- Outbuilding
- Other Structures:
- Outbuilding
- Pool:
- None
- Parking:
- Door-Multi,Door-Single,Garage Faces Front,Garage, Parking spaces: 1
Construction
- Windows:
- Garden Window(s),Skylight(s)
- General:
- Brick,Frame,Stucco,Wood Siding, 1
Location
- Road/Access:
- City Street
- HOA Amenities:
- 0.0
- Originating MLS:
- CRMLS
- School District:
- Los Angeles Unified
- County:
- Los Angeles
Lot
- Zoning:
- LAR1, 5579006029
- View:
- Hills,Mountain(s),Neighborhood, View
- Fencing:
- Block,Wrought Iron
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
Equity Union, Parastou Asadian
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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