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261 E Vernon Ave 0.24 Acres of Commercial Land Offered at $999,999 in Los Angeles, CA 90011

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Los Angeles - 261 E Vernon - Flyer

Property Facts

Price	$999,999	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
Sale Condition	Redevelopment Project	Total Lot Size	0.24 AC
No. Lots	1	No. Stories	1
Property Type	Land
Zoning	LAR3 - 10,305 SF corner lot, zoned LAR3 with Tier 3 TOC. Residential ED1 Eligible Site.

Price	$999,999
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units
Total Lot Size	0.24 AC
No. Stories	1
Zoning	LAR3 - 10,305 SF corner lot, zoned LAR3 with Tier 3 TOC. Residential ED1 Eligible Site.

1 Lot Available

Lot

Price	$999,999	Lot Size	0.24 AC
Price Per AC	$4,166,662.50

Price	$999,999
Price Per AC	$4,166,662.50
Lot Size	0.24 AC

This parcel is zoned R-3. There are several incentives and density options for affordable housing. There is currently a vacant 800 sf former restaurant, but it cannot be reused for retail or restaurant.

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