Active
701 W Vernon Avenue
Los Angeles CA, 90037
$3,000,000
$311.79 per sqft
Active
0.22 Acres
Land
Listed by Amir Lashgari with KW Advisors 213-921-6292
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.
24423399
MLSⓇ ID
August 7, 2024
Listed
January 14, 2025
Updated
Map
701 W Vernon Avenue
Los Angeles CA, 90037
Exterior/Building Features
Lot Size
0.22 Acres
Other Property Details
Area Name
C42 - Downtown L.A.
Days on Market
159
Garage
No
Parking Total
0
View
No
View Description
None
County
Los Angeles
Pool
No
Zoning
LAC2
Listing History
Date | Event | Price |
|---|---|---|
11/12/2024 | Price change | $3,000,000 25% |
9/7/2024 | Price change | $2,400,000 239999900% |
Listing Contact: 310-482-2200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/14/2025 at 3:18 AM UTC