701 and 649 W. Vernon Ave

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

  • For Sale $3,000,000
  • Property Type Multi-Family
  • Property Size 22,794 SF
  • Units 40
  • Lot Size 9,619 SF
  • Zoning C2-1VL-CPIO
  • Additional Rent Contact for pricing
  • 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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Contacts

broker

Amir Jandaghi

Commercial Real Estate Investments

broker

Karl Niehaus

Commercial Real Estate Investments

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    65/100 Good Transit
  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Jack in the Box

    0.16 miles

  • Burger King

    0.20 miles

  • McDonald's

    0.52 miles

  • Subway

    0.58 miles

  • Carl's Jr.

    0.61 miles

  • Little Caesars

    0.67 miles

  • Church's Chicken

    0.74 miles

  • Domino's

    0.78 miles

  • Barbeque King

    0.78 miles

  • Winchell's Donut House

    0.81 miles

  • Menlo Avenue Elementary School

    0.32 miles

  • West Vernon Elementary School

    0.36 miles

  • National Schools

    0.51 miles

  • Manual Arts Senior High School

    0.54 miles

  • Fifty-Second Street Elementary School

    0.58 miles

  • Holy Cross School

    0.72 miles

  • Normandie Elementary School

    0.77 miles

  • Saint Cecilia School

    0.80 miles

  • The Accelerated Schools

    0.83 miles

  • Dr. Theodore T. Alexander Science Center School

    0.96 miles

  • Ralph M. Parsons Preschool

    0.55 miles

  • HIC Daycare

    1.45 miles

  • Vernon Adult Day Program

    1.78 miles

  • Bakewell Primary Center

    3.08 miles

  • CCDC of Little Angels Schools

    3.21 miles

  • Jim Gilliam Child Care Center

    3.88 miles

  • A Bright Beginning Inc.

    4.59 miles

  • Morning Star Education Center

    4.65 miles

  • Locke Early Education Center

    4.89 miles

  • San Antonio de Padua Academy Preschool

    5.08 miles

Frequently Asked Questions

How much does 701 and 649 W. Vernon Ave cost?

The space currently listed for sale at 701 and 649 W. Vernon Ave asks for $3,000,000.

What is the total square footage of 701 and 649 W. Vernon Ave?

701 and 649 W. Vernon Ave totals 22,794 square feet.

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