Skip To Content

701 W Vernon Ave

Los Angeles, CA 90037
  • $3,000,000
  • STATUS: Active
  • ON SITE: 227 Days
  • MLS #: 24-423399
UPDATED: 54 min ago
$3,000,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-03-23T16:43:11.087. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/153435042
Print Image

701 W Vernon Ave Los Angeles, CA 90037

  • Price: $3,000,000
  • Status: Active
  • On Site: 227 Days
  • Updated: 54 min ago
  • MLS #: 24-423399
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
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.
Exterior Features

Lot Size Area 9622 View Description None View YN No

Property Features

Cable YN Yes Disclosures As Is Potential Usage 40 UNITS Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning LAC2

Listing provided courtesy of Amir Lashgari DRE#01976006 of KW Advisors: 310-482-2200.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-03-23T16:43:11.087. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_24-423399-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_24-423399-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210