$ 2,400,000
701 W Vernon AVE Los Angeles, CA 90037
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,400,000
Est. payment /mo
Active
701 W Vernon AVE Los Angeles, CA 90037
9,622 Sqft Lot
UPDATED:
09/30/2024 06:24 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24423399
HOA Y/N No
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 C42 - Downtown L.A.
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 5019009030
Special Listing Condition Standard
Listed by Amir Lashgari • KW Advisors