Jerry Avila
    Jerry Avila
    (909) 908-9474jerryavila@allnationsontario.com
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      jerryavila@allnationsontario.com
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    • Jerry Avila
      1757 South Euclid Ave.
      Ontario, California 91762
      (909) 908-9474
      jerryavila@allnationsontario.com

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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

      $2,850,000
      Off Market

      736 E Vernon Avenue

      Los Angeles, CA 90011
      0.64 acres | #25494255
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      Listing OfficeKeller Williams Beverly Hills
      Type:Purchase
      Structure:Land
      Zone:Residential

      Description

      We are proud to present an exceptional development opportunity at 736 East Vernon Avenue, Los Angeles, CA, located in the rapidly growing South Los Angeles area. This 27,747-square-foot lot (0.64 acres) offers significant potential for high-density residential development. The property includes an existing single-family residence, which can be delivered vacant at close of escrow, providing the ability to break ground immediately. Zoned RD2-1 with a 3:1 FAR and a maximum base height of 45 feet, the site allows developers to leverage California's Housing Density Bonus programs (AB1287, AB2334, and AB2345) to increase unit counts. The lot's 96-foot width and 289-foot depth create an efficient layout, maximizing design flexibility and unit potential. Entitled Project features a four-story, 48-unit residential project, including 21 two-bedroom units and 27 one-bedroom units, with a total gross area of approximately 63,974 square feet. This includes 44,067 square feet of residential space, 415 square feet of lobby space, and 19,492 square feet of parking. The design incorporates 56 automobile parking spaces, 38 bicycle parking spaces, and over 5,000 square feet of private and common open spaces to enhance the resident experience. While the project is entitled, it is not RTI (Ready-to-Issue) as it still needs to go through Building and Safety approvals before permits can be obtained. Strategically located with easy access to public transit, neighborhood amenities, and major thoroughfares, this site presents a rare opportunity to develop much-needed housing in a prime location. Developers can proceed with the approved plans or explore additional density and unit potential through zoning incentives.

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      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Yesterday at 10:56 PM. Source: CRMLS

      Provided By
      Listing Agent: Jordan Petito (#CLW-C130285)
      Listing Office: Keller Williams Beverly Hills (#CLW-X74054)

      Jerry Avila#TheRealEstateGuy
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