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.
Property Details
Price:
$3,000,000
MLS #:
24423399
Status:
Active
Baths:
0
Address:
701 W Vernon Avenue 5019009030
Type:
Land
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Aug 7, 2024
State:
CA
ZIP:
90037
Lot Size:
9,622 sqft / 0.22 acres (approx)
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- Address701 W Vernon Avenue 5019009030 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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701 W Vernon Avenue 5019009030
Los Angeles, CA
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