3236 Velma Dr Los Angeles, CA 90068
Hollywood Hills Neighborhood
2
Beds
1
Bath
1,084
Sq Ft
0.28
Acres
Highlights
- Mountain View
- Wood Flooring
- No HOA
- Cathedral Ceiling
- Private Yard
- Covered Patio or Porch
About This Home
As of November 2024An 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!
Last Agent to Sell the Property
Equity Union Brokerage Phone: 818-212-0272 License #01913000 Listed on: 10/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,139
Year Built
- Built in 1938
Lot Details
- 0.28 Acre Lot
- Wrought Iron Fence
- Block Wall Fence
- Private Yard
- Back and Front Yard
- 5579006028
- Value in Land
- Property is zoned LAR1
Parking
- 1 Car Attached Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Up Slope from Street
Property Views
- Mountain
- Hills
- Neighborhood
Home Design
- Fixer Upper
- Brick Exterior Construction
- Wood Product Walls
- Frame Construction
- Wood Siding
- Stucco
Interior Spaces
- 1,084 Sq Ft Home
- 1-Story Property
- Built-In Features
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Garden Windows
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Gas Range
- Range Hood
- Tile Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Covered Patio or Porch
- Outbuilding
Schools
- Valley View Elementary School
- Bancroft Middle School
- Hollywood High School
Utilities
- Central Heating
Community Details
- No Home Owners Association
- Mountainous Community
Listing and Financial Details
- Tax Lot B
- Tax Tract Number 13
- Assessor Parcel Number 5579006029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Nov 1, 2024
Sold by
Grijalva Antonio
Bought by
Pickering William John and Bressler Kara Lynn
Seller's Agent
Parastou Asadian
Equity Union
Buyer's Agent
Clinton Sylvestre
Partner Real Estate
List Price
$1,199,500
Sold Price
$1,175,000
Premium/Discount to List
-$24,500
-2.04%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,721
Avg. Annual Appreciation
9.19%
Original Mortgage
$940,000
Outstanding Balance
$931,448
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$325,859
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,175,000 | Fidelity National Title | |
| Grant Deed | $1,175,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $940,000 | New Conventional | |
| Closed | $940,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $1,175,000 | -2.0% | $1,084 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $1,199,500 | -- | $1,107 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,139 | $1,000,000 | $800,000 | $200,000 |
| 2024 | $1,139 | $77,574 | $50,441 | $27,133 |
| 2023 | $1,121 | $76,053 | $49,452 | $26,601 |
| 2022 | $1,075 | $74,563 | $48,483 | $26,080 |
| 2021 | $1,056 | $73,102 | $47,533 | $25,569 |
| 2019 | $1,027 | $70,935 | $46,124 | $24,811 |
| 2018 | $982 | $69,545 | $45,220 | $24,325 |
| 2016 | $927 | $66,847 | $43,465 | $23,382 |
| 2015 | $915 | $65,844 | $42,813 | $23,031 |
| 2014 | $927 | $64,555 | $41,975 | $22,580 |
Source: Public Records
Agents Affiliated with this Home
-
Parastou Asadian
Seller's Agent in 2024
Parastou Asadian
Equity Union
(818) 657-6500
1 in this area
39 Total Sales
-
Clinton Sylvestre
Buyer's Agent in 2024
Clinton Sylvestre
Partner Real Estate
(310) 259-7039
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24204962
APN: 5579-006-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
Nearby Homes
- 3437 Troy Dr
- 3464 Troy Dr
- 3468 Troy Dr
- 3401 Barham Blvd Unit 3
- 3488 Troy Dr
- 3496 Troy Dr
- 3260 De Witt Dr
- 3374 Floyd Terrace
- 3480 Barham Blvd Unit 226
- 3480 Barham Blvd Unit 218
- 3480 Barham Blvd Unit 215
- 3480 Barham Blvd Unit 105
- 3384 Barham Blvd
- 3319 Charleston Way
- 3319 Floyd Terrace
- 3284 Barham Blvd Unit 201
- 3125 Lindo St
- 3074 Lake Hollywood Dr
- 3395 Tareco Dr
- 3226 Barham Blvd