217 E Vernon Avenue, Los Angeles, CA 90011

Offered at $995,000

This fully entitled development project is a developer's dream. Ready to break ground with all permits paid, demo completed, and utilities in place. Situated in one of LA’s most sought-after areas, this prime lot offers the rare chance to start construction immediately, saving both time and money. The project includes plans for 13 units plus 1 ADU in a 3-story building totaling 6,402 square feet of space. With a 5,005 square foot lot and R3-1 zoning, this site is perfectly positioned to capitalize on the growing demand for housing in the area. The property qualifies for TOC Tier 3 (Tier 4 eligibility 100% affordable). Located just minutes from Downtown LA, with easy access to major transit routes, this property is ideal for developers looking to build high-demand residential units in a rapidly evolving neighborhood. Skip the delays and get started right away with a project that’s primed for success.