649-701 W Vernon Ave - Commercial LAND FOR SALE


Los Angeles, CA 90037- Vermont Harbor9,618 SF
$3,000,000 USD
310-880-7900
649-701 W Vernon Ave, Los Angeles, CA for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/5
9,618 SF

649-701 W Vernon Ave
Los Angeles, CA 90037
Vermont Harbor


HIGHLIGHTS

  • Existing structure will be delivered vacant at close of escrow.
  • Pre-RTI 40 unit 4 story 100% affordable housing project.
  • Includes Type V-A Units with 6 units set aside for low income per schedule VI, 33 units set aside for low income Schedule I, and 1 managers unit.
  • 100% privately funded with no tax credits.
  • Many nearby public transportation options.
  • Walking distance to various amenities.

OVERVIEW

PCS Group is pleased to exclusively present for sale Pre-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.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$13,585,612/AC

PRICE/SF

$312 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

40 Unit RTI - Existing Autobody & Spray Booth

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

0.22 AC

LAND SF

9,619 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2-1VL-CPIO

APN/PARCEL ID

5019-009-030

ASK ABOUT THIS PROPERTY

Karl NiehausCREIMore Info
310-880-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Karl NiehausCREIMore Info
310-880-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.