Los Angeles, CA 90037 701 W Vernon Avenue
$3,000,000
Presented By: Amir Lashgari with KW Advisors;
- MLS# 24423399
- 08/07/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
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.
Presented By: Amir Lashgari with KW Advisors;
Interior Features for 701 W Vernon Avenue
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 701 W Vernon Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsEast of Fwy 110, on West Vernon Ave
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet9622.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewNone
Virtual TourClick here
Waterfront Y/NNo
ZoningLAC2
Exterior for 701 W Vernon Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2209
Lot Size Area9622.0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Hal Schlegel
Broker Associate