Los Angeles, CA 90037,701 W Vernon Ave
Los Angeles, CA 90037,701 W Vernon Ave
Los Angeles, CA 90037,701 W Vernon Ave
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$3,000,000
Est. payment /mo
9,622 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24-423399

Lot Size 9,622 Sqft

Acres 0.2209

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

Area Downtown L.A.

Zoning LAC2

Exterior

View Y/N No

View None

Others

Special Listing Condition Standard

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


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TheMLS (CLAW)
Listed by KW Advisors

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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