3
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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UPDATED:
12/24/2024 01:41 PM
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
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Others
Special Listing Condition Standard
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Listed by KW Advisors