701 W Vernon Avenue, Los Angeles, CA 90037 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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701 W Vernon Avenue, Los Angeles, CA 90037

$3,000,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Amir Lashgari | pcs@pcsgroup.co
Lic#: 01976006
Broker: Courtesy of KW Advisors

Agent Remarks

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 Details

Property type: (Lots/Land)
Status: Active
MLS# 24423399
Price: $3,000,000
Beds: 0
Baths: 0
0.22 acres
Lot size: 0.2209
County: Los Angeles
Zoning: LAC2
MLS area: C42 - Downtown L.A.

Last Updated: 1/14/2025

 Days On Market (DOM): 278

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.003990, -118.285873.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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