736 E Vernon Avenue
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
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.
Listed By CRMLS_CA / Jordan Petito / Keller Williams Beverly Hills
Last checked:
Checking…
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Last updated Oct 9, 2024
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MLS# 24436967 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions: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.
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Latitude:34.00338400
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Longitude:-118.26276600
The Property
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Property Type:Land
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Zoning:RD2-1
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Lot Size Area:27747.0000
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Lot Size Acres:0.6370
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Lot Size SqFt:27747.00
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Lot Size Source:Other
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5108002035
The Community
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Senior Community:No
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Association:No
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Assessments:No
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 |
---|---|---|---|---|
10/9/24
Oct 9, 2024
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Price Changed | CRMLS_CA | $2,995,000 | -6.4% |
9/10/24
Sep 10, 2024
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Listed / Active | CRMLS_CA | $3,200,000 |