701 W Vernon Avenue

Los Angeles, CA 90037

PRICE INCREASE

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+$2,399,999 (+239,999,900.00%)

$2,400,000

List Price

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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.

Listing Information

List Price $2,400,000
Status Active
MLS 24423399
Type Land
Lot Size 9,622
Structure Size N/A
DOM 30
Courtesy Of KW Advisors
Listing Agent Amir Lashgari DRE#01976006

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Amir Lashgari, KW Advisors . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.