Los Angeles, CA 90037 532 W Vernon Avenue

Sold: Aug 28, 2020
532 W Vernon Avenue Los Angeles, Ca - Image 1532 W Vernon Avenue Los Angeles, Ca - Image 2532 W Vernon Avenue Los Angeles, Ca - Image 3
Presented By: Antoine Bitar with Douglas Elliman of California, Inc.;
  • MLS# 20581262
  • 05/21/2020
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  • BedBeds • 8
  • BathBaths • 8
  • GarageGarage • 15

Home Details

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.
Presented By: Antoine Bitar with Douglas Elliman of California, Inc.;

General for 532 W Vernon Avenue

Co-Listing AgentJames Jacobson - BRE#01240776
Co-Listing AgentJames Jacobson - BRE#01240776
Co-Listing Agent State License #01240776
CoolingCentral Air
Garage Spaces15
Garage Y/NYes
HeatingCentral
Listing AgentAntoine Bitar - BRE#01997840
Listing AgentAntoine Bitar - BRE#01997840
Listing Agent State License01997840
MLS AreaC42 - Downtown L.A.
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
StatusClosed
Subdivision NameNot in a Development
Total Units8
ZoningLAR3

Interior for 532 W Vernon Avenue

Air Conditioning Y/NYes
Heating Y/NYes

Exterior for 532 W Vernon Avenue

Lot Dimensions50X145
Lot Size Area7246
Lot Size SourceAssessor
Lot Size Square Feet7246
Lot Size UnitsSquare Feet
Number of Buildings1
Parking FeaturesControlled Entrance, Concrete, Driveway Down Slope From Street, Direct Access, Electric Gate, Garage, Garage Door Opener, Guest, Gated, Private, On Street
Total Parking15
1527188455

First Team Client Services

Price $849,000
MLS#20581262
List Date 05/21/2020
Property Type Income
Phone 714.964.3311
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