10
See all 10 photos
Listed by Rana Khanjani • Sync Brokerage
$2,340,000
Est. payment /mo
6,258 Sqft Lot
Active
907 W 17th ST Los Angeles, CA 90015
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25094654
Originating Board California Regional MLS
Lot Size 6,258 Sqft
Property Sub-Type Other Residential Land
Property Description
ime Pico-Union RTI Development - 39 Units | 100% Affordable Housing | TOC Tier 8. Incredible opportunity to develop a fully RTI-approved 39-unit affordable housing project in the heart of Pico-Union-one of LA's most vibrant, high-demand rental markets. This 7,406 SF R3-zoned lot has been upgraded to TOC Tier 8, maximizing entitlements and HACLA rents. Approved for 30 one-bedroom units and 9 studios, the project includes approx. 16,157 SF of rentable space and 19,008 SF of gross building area. Projected monthly income: $104,832 (based on HACLA Section 8 rents). Offered at $60,000 per unit - Asking Price: $2,340,000. Surrounded by major employment hubs (DTLA, USC, Koreatown), public transit, and freeway access. This Tier 8 RTI project is a golden opportunity for developers and impact-driven investors seeking immediate value, strong cash flow, and premium incentives in one of LA's most underbuilt and transit-rich communities.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning PRKG
Exterior
View None
Building
Water District - Public
Others
Tax ID 5135028007
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.