#24451495, Casey Lins, Listing Office: Kidder Mathews of California, Inc.
#24423399·
Listing Office: KW Advisors·
Listing Agent: Amir Lashgari·
Listing Office Phone: 310-482-2200
701 W Vernon Ave Los Angeles, CA 90037
$3,000,000 List price
0.2 acres
Land
Property details
About 701 W Vernon Ave
PCS Group is pleased to exclusively present for sale an RTI 40 Unit 4 Story 100% Affordable Housing project at 701 & 649 W VERNON AVE. The offering includes Type V-A Units with 6 units set aside for Low income per Schedule VI, 33 units set aside for low income per Schedule I, and 1 unit reserved as a managers unit. This offering consists of 9,619 square feet of land, zoned C2, and is well located roughly a mile from USC. This project is 100% privately funded with no tax credits and is not public housing. The proposed project sets aside 100% of units for affordable housing.
Highlights
Home typeOther
StatusActive
Lot size0.2209 Acres
MLS #24423399
Summary
- MLS Number: 24423399
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (310) 482-2200
- Listing Agent: Amir Lashgari
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,000,000
701 W Vernon Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 25, 2023 | Home Sold | $1,482,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,511,640 | $18,762 |
| 2023 | $91,060 | $1,723 |
| 2022 | $89,276 | $1,669 |
| 2021 | $87,527 | $1,631 |
| 2020 | $86,631 | $1,596 |
| 2019 | $84,933 | $1,393 |
| 2018 | $83,268 | $1,453 |
| 2017 | $81,636 | $1,453 |
History based on county public records data.
Nearby schools
3
Marguerite Poindexter LaMotte Elementary School
Public District KG-5
0.2 mi
•4410 Orchard Ave
5
West Vernon Avenue Elementary
Public District KG-5
0.3 mi
•4312 S Grand Ave
5
Menlo Avenue Elementary
Public District KG-5
0.3 mi
•4156 Menlo Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,441. Most Los Angeles, CA residents have annual incomes less than $<35k. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
33%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 701 W Vernon Ave
This home is located at 701 W Vernon Ave in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 8, 2024 and is currently priced at $3,000,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.