736 E Vernon Ave | Los Angeles, CA 90011
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- LoopNet Team
736 E Vernon Ave
Los Angeles, CA 90011
100% Affordable Housing or By-Right Market Ra · Land For Sale
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0.64 AC
INVESTMENT HIGHLIGHTS
- 4-story residential development with 48 units, including 21 two-bedroom units and 27 one-bedroom units.
- 27,748 sq. ft. (0.64 acres) cleared site with dimensions of 96 ft. width, ready for development.
- Potential to expand unit count using State Density Bonus Laws, with opportunities for transformative high-density residential projects.
- Includes 56 automobile parking spaces, 38 bicycle parking spaces, and over 5,000 sq. ft. of private and common open spaces.
- RD2-1 zoning allows up to 45 ft. maximum height, supporting California’s Housing Density Bonus programs for additional units
- Situated in South Los Angeles with easy access to public transit, neighborhood amenities, and major thoroughfares.
PROPERTY FACTS
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