701 W Vernon Ave, Los Angeles, CA 90037

$2,400,000

Courtesy of KW Advisors, Amir Lashgari - CA DRE#01976006

List Price
$2,400,000
Status
ACTIVE
Days on Market
44
Price Change
▲ $2,399,999 1725689631
MLS#
24-423399
Lot Size
9,622
Acres
0.22
MLS Area Major
Downtown L.A.

Property 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 housing. The proposed project sets aside 100% of units for affordable housing.

Additional Information

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