257 E Vernon Avenue
Los Angeles, CA 90011
- – beds
- – baths
- 10,305 sqft
- 10,305 sqft lot
- $111 per sqft
- – on site
257 E Vernon Ave is a former Church's Chicken restaurant & vacant land development opportunity in a prime South Central location. The 10,305 square foot corner-lot hosts an 800 square foot vacant restaurant space, formerly occupied by Church's Chicken, a national QSR tenant. The all-electric structure was built in 1969 and does not currently have a drive thru component. The tenant's absolute NNN lease expired on Dec 27, 2024, so the lot is now completely vacant. 257 E Vernon is zoned for multifamily use with an LAR3 zoning and Tier 3 TOC designation, and as an ED1 eligible site, it provides the perfect multifamily development opportunity for both market rate, TOC and affordable projects. The site also provides the opportunity to be re-tenanted at market rents with a new restaurant operator. The parcel is a quarter-acre hard signalized corner at the intersection of Vernon & San Pedro, located in a dense infill area with high traffic counts and strong foot traffic. The R3 - TOC 3 zoning allows for +/- 12 residential units by right, up to +/- 26 units utilizing the CHIP (Citywide Housing Incentive Program), or 75+ units via Unlimited Density with an ED1 100% Affordable Project (Buyer to verify). At $111/SF of land, no RSO obligations, no relocation fees, and no Ellis Act requirement
Last checked:
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Last updated Mar 5, 2025
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MLS# CL25494889 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:10305
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Living Area Units:Square Feet
Location
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Directions:Northwest corner of Vernon Ave
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:5113017014
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Zoning:LAR3
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Lot Size Area:0.24
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Lot Size Acres:0.24
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Lot Size SqFt:10305
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (310) 230-5157
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/19/25
Feb 19, 2025
|
Price Changed | BRIDGE | $1,150,000 | -11.5% |
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2/5/25
Feb 5, 2025
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Relisted | BRIDGE | $1,300,000 | 8.3% |
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6/18/24
Jun 18, 2024
|
BRIDGE | $1,200,000 |
