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.
LISTING AGENT: Amir Lashgari LISTING BROKERAGE: KW Advisors
Courtesy of KW Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 701 W Vernon Avenue 5019009030
Los Angeles, CA
Property Details
Price:
$3,000,000
MLS #:
24423399
Status:
Active
Baths:
0
Address:
701 W Vernon Avenue 5019009030
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Aug 7, 2024
State:
CA
ZIP:
90037
Lot Size:
9,622 sqft / 0.22 acres (approx)
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- Address701 W Vernon Avenue 5019009030 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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