See all 3 photos

$3,000,000

Est. payment - /mo

9,622 Sqft Lot

Active

701 W Vernon AVE Los Angeles, CA 90037

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

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

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

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

Listed by Amir Lashgari Keller Williams Los Angeles

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