$849,000
For more information regarding the value of a property, please contact us for a free consultation.
532 W VERNON AVE Los Angeles, CA 90037
15 Beds
16 Baths
7,000 SqFt
Key Details
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $107
Subdivision Not In A Development
MLS Listing ID 20-581262
Bedrooms 15
Year Built 2020
Lot Size 7,246 Sqft
Property Description
Priced To Sell, Won't Last! This fantastic one of a kind development opportunity is located in the highly desirable area nearby USC, DTLA, Exposition Park Entertainment District, L.A. Live Entertainment Complex, Staples Center & L.A. Convention Center plus easy access to the 110 freeway. Calling all developers, flippers, and owners/users who are looking to build their State-of-the-art 8 NON-RENT CONTROL Luxurious Units Apartment Building With Rooftop Deck Over Above-Grade Parking Garage; each unit is about 900 SQFT with open floor plan, middle island or bar in the kitchen, a master suite with its own bath & walk-in closet plus a private balcony, and W/D in unit. The property is shovel-ready and comes with a city-approved set of plans to build a beautifully designed modern building. Construction could start immediately after the COE. Seller will provide the permit-ready plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAR3
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Central
Cooling Central
Equipment Other
Exterior
Garage Above Street Level, Auto Driveway Gate, Controlled Entrance, Direct Entrance, Door Opener, Driveway - Concrete, Garage Is Attached, Gated, On street, Parking for Guests - Onsite, Private Garage
Garage Spaces 15.0
Building
Story 3
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Douglas Elliman of California, Inc.