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.
Lot/land
Listing Provided by:
Deborah Moussighi DRE #01487871 818-585-2758,
Keller Williams Luxury
$995,000
217 E Vernon Ave, Los Angeles, CA 90011
--beds
--baths
5,005Square Feet
Unimproved Land
Built in ----
5,005 Square Feet Lot
$1,001,900 Zestimate®
$--/sqft
$-- HOA
What's special
Rapidly evolving neighborhoodUtilities in placePrime lot
- 13 hours
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 20 hours ago
Listing Provided by:
Deborah Moussighi DRE #01487871 818-585-2758,
Keller Williams Luxury
Source: CRMLS,MLS#: SR25183363
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,005 Square Feet
- Features: 11-15 Units/Acre
Details
- Parcel number: 5113018013
- Zoning: R3-1
- Special conditions: Standard
Utilities & green energy
- Water: See Remarks
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $714,000
- Annual tax amount: $8,932
- Date on market: 8/13/2025
- Listing terms: Cash,Conventional
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