701 West Vernon Avenue
$3,000,000
9,622 / 0.22
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...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.
- Listed by Amir Lashgari • DRE #01976006 • Brokerage DRE #01854200 • KW Advisors
Property Details for 701 West Vernon Avenue
Zoning
LAC2
Parcel Number5019009030
AreaDowntown L.A. (C42)
Lot Size Area9622
Source Lot Size AreaVendor Enhanced
Potential Usage40 UNITS
Assessor Parcel Number5019-009-030
DirectionsEast of Fwy 110, on West Vernon Ave
LISTING UPDATED: 11/12/2024 10:45 AM
Property Details for 701 West Vernon Avenue
Status | Active |
---|---|
MLS # | 24-423399 |
Days on Market | 107 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.22 AC |
County | Los Angeles County |
Building Information for 701 West Vernon Avenue
Lot Size0.22 AC
Property Information for 701 West Vernon Avenue
Property History for 701 West Vernon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 701 West Vernon Avenue
Taxable ValueLand$1,511,640Additions-Total$1,511,640
Tax Record2024$18,763 ($1,564 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtLot Size9,620 SqFtStyleCommercialYear Built1925ZoningLAC2CountyLOS ANGELESAPN5019-009-030
Schools near 701 West Vernon Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 2 | |||
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dr. James Edward Jones Primary Center PublicK to 2 | ||
Marguerite Poindexter Lamotte Elementary PublicK to 5 | ||
John Muir Middle School Public6 to 8 | ||
Manual Arts Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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