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$ 995,000
Est. payment /mo
New
217 E Vernon AVE Los Angeles, CA 90011
5,005 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25183363
HOA Y/N No
Lot Size 5,005 Sqft
Property Description
This fully entitled development project is a developer's dream. Ready to break ground with all permits paid, demo completed, and utilities in place. Situated in one of LA's most sought-after areas, this prime lot offers the rare chance to start construction immediately, saving both time and money. The project includes plans for 13 units plus 1 ADU in a 3-story building totaling 6,402 square feet of space. With a 5,005 square foot lot and R3-1 zoning, this site is perfectly positioned to capitalize on the growing demand for housing in the area. The property qualifies for TOC Tier 3 (Tier 4 eligibility 100% affordable).
Located just minutes from Downtown LA, with easy access to major transit routes, this property is ideal for developers looking to build high-demand residential units in a rapidly evolving neighborhood. Skip the delays and get started right away with a project that's primed for success.
Located just minutes from Downtown LA, with easy access to major transit routes, this property is ideal for developers looking to build high-demand residential units in a rapidly evolving neighborhood. Skip the delays and get started right away with a project that's primed for success.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning R3-1
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Building
Lot Description 11-15 Units/Acre
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 5113018013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Deborah Moussighi Keller Williams Luxury 818-585-2758