Los Angeles, CA 90037,701 W Vernon Avenue
Los Angeles, CA 90037,701 W Vernon Avenue
Los Angeles, CA 90037,701 W Vernon Avenue
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$ 3,000,000
Est. payment | /mo

9,622 Sqft Lot


$ 3,000,000
Est. payment | /mo

9,622 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL24423399

HOA Y/N No

Lot Size 9,622 Sqft

Acres 0.22

Property Sub-Type Unimproved Land

Property Description

PCS Group is pleased to exclusively present for sale an RTI 40 Unit 4 Story 100% Affordable Housing project at 701 & 649 W VERNON AVE. The offering includes Type V-A Units with 6 units set aside for Low income per Schedule VI, 33 units set aside for low income per Schedule I, and 1 unit reserved as a managers unit. This offering consists of 9,619 square feet of land, zoned C2, and is well located roughly a mile from USC. This project is 100% privately funded with no tax credits and is not public housing. The proposed project sets aside 100% of units for affordable housing.

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 5019009030

Virtual Tour https://drive.google.com/file/d/1dX4HdP5Tb_Z4-CFvAmlGtavxFUSo0CUS/view?usp=sharing

Bridge MLS
Listed by Amir Lashgari • Keller Williams Los Angeles
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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701 W Vernon Avenue