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2616 Vernon Ave
Los Angeles, CA 90008
 2620 W. Vernon Ave. · Land For Sale · 7,200.00 AC

Commercial Land Parcels California Los Angeles 2616 Vernon Ave, Los Angeles, CA 90008

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Executive Summary

Vacant land development site zoned LAC2. Priced to sell at $68/sf. Former water well site sold vacant and with all equipment removed.

Property Facts

Sale Type Investment or Owner User Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Sale Conditions
High Vacancy Property
  • Redevelopment Project
 Total Lot Size 7,200.00 AC
No. Lots 1 Cross Streets 5th Ave.
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Zoning LAC2 - LAC2-1VL-CPIO AB2334 Low VMT AB2097 Eligible TOC Tier 2 Non-RSO
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 7,200.00 AC
Cross Streets 5th Ave.
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning LAC2 - LAC2-1VL-CPIO AB2334 Low VMT AB2097 Eligible TOC Tier 2 Non-RSO

1 Lot Available

Lot

Price $495,868 Lot Size 7,200.00 AC
Price Per AC $68.87
Price $495,868
Price Per AC $68.87
Lot Size 7,200.00 AC

Two lots on the south side of W. Vernon Ave.

Property Taxes

Parcel Numbers
Multiple
  • 5014-021-002
  • 5014-021-003
 Improvements Assessment $10,572
Land Assessment $8,428 Total Assessment $19,000

Property Taxes

Parcel Numbers
Multiple
  • 5014-021-002
  • 5014-021-003
Land Assessment
$8,428
Improvements Assessment
$10,572
Total Assessment
$19,000
 

  • Listing ID: 41411321

  • Date on Market: 7/23/2026

  • Last Updated:

  • Address: 2616 Vernon Ave, Los Angeles, CA 90008

The Park Mesa Heights Land Property at 2616 Vernon Ave, Los Angeles, CA 90008 is currently available. Contact CBRE for more information.

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