3250 Velma Drive
Los Angeles, CA, 90068
$1,500,000
MLS: PF26058346
Beds
3
Baths
2
Sq Ft
1,918
Lot
0.11 ac
Year Built
1965
MLS #
PF26058346
Days on Market
17
Listed
Mar 26, 2026
Description
Nestled in sought-after Hollywood Manor, this beautiful 3-bedroom, 2-bathroom home offers comfort, charm, and an ideal indoor-outdoor lifestyle. Filled with abundant natural light, the home features a spacious layout designed for both everyday living and entertaining. The large entertainment area opens to a lush backyard with mature fruit trees, creating the perfect setting for gatherings or peaceful evenings at home. The thoughtfully designed floor plan includes a full bedroom and bathroom downstairs, ideal for guests, extended family, or a home office. Upstairs, the primary suite offers a walk-in closet and a private balcony, providing a relaxing retreat. Automatic blinds on the screen doors in the primary bedroom, kitchen, and additional bedrooms add both comfort and convenience. Additional highlights include a 2-car garage and inviting living spaces throughout. Ideally located near the Hollywood Bowl, Greek Theatre, Downtown Los Angeles, and miles of scenic hiking trails surrounding the Lake Hollywood Reservoir and Griffith Park, this home offers the perfect blend of tranquility and city access.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Charlene Hoang · Redfin Corporation
Payment estimate
$10,720
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $150,000 · Loan: $1,350,000
- Principal & Interest
- $8,295
- Property tax (1.25%)
- $1,563
- Homeowners insurance
- $300
- Mortgage insurance
- $563
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $52,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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