736 East Vernon Avenue

Los Angeles, CA 90011

$2,995,000
Price
27,747 / 0.64
Lot Size / Acres
a green field with lots of trees
a view of entryway
a city view

Description

We are pleased to present a Unique Development Opportunity at 736 E Vernon Avenue, Los Angeles, CA. This property consists of a Single-Family Home, built in 1908, situated on a large 27,748 SF lot, offering significant development potential in the heart of Southeast Los Angeles. Zoned RD2-1 and designated as Low Medium II Residential under the General Plan, the site provides flexibility for both 100% Affordable Housing Market Rate Development, making it a prime opportunity for developers. In addition,...We are pleased to present a Unique Development Opportunity at 736 E Vernon Avenue, Los Angeles, CA. This property consists of a Single-Family Home, built in 1908, situated on a large 27,748 SF lot, offering significant development potential in the heart of Southeast Los Angeles. Zoned RD2-1 and designated as Low Medium II Residential under the General Plan, the site provides flexibility for both 100% Affordable Housing Market Rate Development, making it a prime opportunity for developers. In addition, the property benefits from Transit Oriented Communities (TOC)Tier 3 status, which offers developers density bonuses, reduced parking requirements, and other incentives, further enhancing the development potential of the site. Positioned to benefit from the ongoing growth and revitalization in the area, this sizable lot and zoning allow for various Residential development projects, offering developers the chance to capitalize on the increasing demand for housing in Southeast Los Angeles. The property is also located within 500 feet of George Washington Carver Middle School, adding to its appeal for residential development. With a Walk Score of 73, the neighborhood is considered "Very Walkable," with excellent transit options, making it attractive for those seeking easy access to amenities and public transportation.
  1. Listed by Jordan Petito • DRE #02023714 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Ariel Sayani • DRE #02072610 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 736 East Vernon Avenue

Zoning
RD2-1
Parcel Number
5108002035
Area
Downtown L.A. (C42)
Lot Size Area
27747
Source Lot Size Area
Other
Present Use
SFR
Potential Usage
Development
Assessor Parcel Number
5108-002-035
LISTING UPDATED: 10/09/2024 02:36 PM

Property Details for 736 East Vernon Avenue

StatusActive
MLS #24-436967
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.64 AC
CountyLos Angeles County

Building Information for 736 East Vernon Avenue

Lot Size0.64 AC

Property Information for 736 East Vernon Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.6371
  • Lot Size Square Feet: 27747
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 09-10-2024

Property History for 736 East Vernon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 736 East Vernon Avenue

Taxable ValueLand$502,417Additions$94,010Total$596,427
Tax Record2024$8,202 ($684 / month)
Home Facts
Beds3Total Finished SqFt1,862 SqFtAbove Grade Finished SqFt1,862 SqFtStories1Lot Size27,746 SqFtStyleSingle Family ResidenceYear Built1908ZoningLARD2CountyLOS ANGELESAPN5108-002-035

Schools near 736 East Vernon Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Forty-Ninth Street Elementary School
Public - K to 5
Gabriella Charter 2
Charter - K to 7
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High
Public - 9 to 12
Thomas Jefferson Senior High School
Public - 9 to 12
Rating
School
Distance
Forty-Ninth Street Elementary School
PublicK to 5

Gabriella Charter 2
CharterK to 7

Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High
Public9 to 12

Thomas Jefferson 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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More information about 736 East Vernon Avenue, Los Angeles, CA 90011

736 East Vernon Avenue is a 0.64 ac of land for sale in Los Angeles, CA 90011. This property was listed for sale on September 6, 2024 by Keller Williams Beverly Hills, it's currently listed at $2,995,000. It has been on the market for a total of 73 days and was last sold on May 15, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Ninth Street Elementary School, Gabriella Charter 2 and Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High. 736 East Vernon Avenue is a 0-bed, 0-bath, 0.64 ac of land on a 27,747 sq. ft. / 0.64 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Jordan Petito, DRE #02023714; Keller Williams Beverly Hills, Ariel Sayani, DRE #02072610

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.