Property Description
We are pleased to present a Unique Development Opportunity at 736 E Vernon Avenue, Los Angeles, CA. This property consists of a Single-Family Home, built in 1908, situated on a large 27,748 SF lot, offering significant development potential in the heart of Southeast Los Angeles. Zoned RD2-1 and designated as Low Medium II Residential under the General Plan, the site provides flexibility for both 100% Affordable Housing Market Rate Development, making it a prime opportunity for developers. In addition, the property benefits from Transit Oriented Communities (TOC)Tier 3 status, which offers developers density bonuses, reduced parking requirements, and other incentives, further enhancing the development potential of the site. Positioned to benefit from the ongoing growth and revitalization in the area, this sizable lot and zoning allow for various Residential development projects, offering developers the chance to capitalize on the increasing demand for housing in Southeast Los Angeles. The property is also located within 500 feet of George Washington Carver Middle School, adding to its appeal for residential development. With a Walk Score of 73, the neighborhood is considered “Very Walkable,” with excellent transit options, making it attractive for those seeking easy access to amenities and public transportation.
Features
: No
: No
: No
: No
: No
: No
: No
Address Map
U.S.
California
Los Angeles
Los Angeles
90011
736 E Vernon Avenue
0
W119° 44' 14''
N34° 0' 12.2''
MLS Addon
$0
0 Sqft
: No
: No
8
It is located between the blocks of South Central Avenue and South Avalon Boulevard. It's near the intersection of Vernon Ave and Central Ave.
: No
CLW-C137521

Land For Sale Los Angeles

736 E Vernon Avenue, Los Angeles, Los Angeles, California, 90011

27,747 Acre
Visits : 3 in 11 days
$3,200,000
Listing ID #24436967
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 24436967
Price : $3,200,000
Lot Area : 27,747 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$

$
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern