701 W Vernon Avenue 5019009030
Los Angeles, CA, 90037
$3,000,000
Beds
0 Baths
SqFt
0.22 Acres
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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
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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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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