701 and 649 W. Vernon Ave

For Sale

701 and 649 W. Vernon Ave, Los Angeles, CA 90037

This Los Angeles property for sale is located at 701 and 649 W. Vernon Ave. The current listed sale price for 701 and 649 W. Vernon Ave is $3,000,000. 701 and 649 W. Vernon Ave is situated on a lot that is 9,619 square feet in size.

Contacts

broker
Amir Jandaghi

Commercial Real Estate Investments

broker
Karl Niehaus

Commercial Real Estate Investments

Property Details

  • Property Type Multi-Family
  • Property Size 22,794 SF
  • Units 40
  • Lot Size 9,619 SF
  • Zoning C2-1VL-CPIO
  • Date Updated Nov 15, 2024

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. 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.

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Attachments

Getting around

  • 80/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 80/100

    Bike Score ®

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Location

  • City Los Angeles, CA
  • Neighborhood Vermont Square
  • Zip Code 90037
  • Market Los Angeles

Points of Interest

  • Expo/Vermont

    1.05 miles

  • Expo/Western

    1.64 miles

  • Grand/LATTC

    2.23 miles

  • San Pedro Street

    2.34 miles

  • Leimert Park

    2.69 miles

  • Washington

    2.69 miles

  • Hyde Park

    2.80 miles

  • Martin Luther King Jr.

    2.87 miles

  • 7th Street/Metro Center

    3.47 miles

  • 7th Street/Metro Center Station

    3.48 miles

  • 76

    0.15 miles

  • Shell

    0.16 miles

  • Chevron

    0.51 miles

  • Gold Star Gas

    0.67 miles

  • Arco

    1.03 miles

  • Mobil

    1.13 miles

  • Electric Vehicle Charging Station

    1.19 miles

  • Sinclair

    1.49 miles

  • Culver City Supercharger

    6.10 miles

  • FLO

    6.20 miles

  • Automate Parking Inc.

    0.48 miles

  • Joe's Auto Parks

    0.48 miles

  • Green Lot

    0.53 miles

  • Lot 5

    0.54 miles

  • Lot 4

    0.58 miles

  • Gold Lot

    0.58 miles

  • Visitor Parking Structure

    0.76 miles

  • North Parking Structure

    0.96 miles

  • Parking Structure Two

    1.09 miles

  • Westside Collector Car Storage

    6.79 miles

  • City Motel

    0.33 miles

  • Solo Motel

    0.54 miles

  • Furst Motel

    0.97 miles

  • University of Southern California Hotel

    1.09 miles

  • Americas Best Value Inn & Suites Los Angeles Downtown SW

    1.34 miles

  • Boulevard Motel

    1.89 miles

  • Travel Inn Motel

    2.21 miles

  • Bethel House

    2.57 miles

  • Las Palmas Motel

    2.60 miles

  • Hollywood Stay

    2.63 miles

  • Ross

    0.22 miles

  • Food 4 Less

    1.00 miles

  • Superior Grocers

    1.11 miles

  • El Super

    1.13 miles

  • Smart & Final

    1.35 miles

  • Trader Joe's

    1.51 miles

  • Target

    1.51 miles

  • Cal Mart Beer & Wine Food Store

    1.52 miles

  • Slauson Super Mall

    1.56 miles

  • Big Lots

    1.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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